Ellison Pledges $9.2 Billion More in Oracle Shares as Collateral
Larry Ellison has pledged 67 million more shares of Oracle Corp. as collateral for personal loans than he had at the same time last year.
(Bloomberg) -- Larry Ellison has pledged 67 million more shares of Oracle Corp. as collateral for personal loans than he had at the same time last year.
The share pledges, revealed in an Oracle proxy filing on Friday, amount to a 19% increase in the number of shares Ellison had pledged in 2025. The shares are worth about $9.2 billion at Oracle's closing share price of $137.10.
Ellison is helping his son David's company, Paramount Skydance Corp., acquire Warner Bros. Discovery Inc. in a transaction valued at $111 billion. The Ellisons have committed to $47 billion in equity funding for that deal, about $24 billion of which is coming from three Middle Eastern sovereign wealth funds.
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