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eirikbakke | 2 months ago

"Larry Ellison has been involved with two philanthropic organizations. First he made a $300M donation to Stanford, in exchange for not admitting wrongdoing in an options backdating scandal. All other philanthropic work is to the Larry Ellison institute for prolonging of life--namely his." -- Bryan Cantrill

https://www.youtube.com/watch?v=-zRN7XLCRhc

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jodrellblank|2 months ago

It's amusing but it's not true. From Wikipedia:

> In 1992, Ellison shattered his elbow in a high-speed bicycle crash. After receiving treatment at University of California, Davis, Ellison donated $5 million to seed the Lawrence J. Ellison Musculo-Skeletal Research Center.

> In 1998, the Lawrence J. Ellison Ambulatory Care Center opened on the Sacramento campus of the UC Davis Medical Center

> In 2007, Ellison pledged $500,000 to fortify a community centre in Sderot, Israel, against rocket attacks

> In 2014, he donated $10 million to the Friends of the Israel Defense Forces.

> In 2017, he donated $16.6 million donation to support the construction of well-being facilities on a new campus for co-ed conscripts

> In May 2016, Ellison donated $200 million to the University of Southern California to establish a cancer research center: the Lawrence J. Ellison Institute for Transformative Medicine of USC

> Between 2021 and 2023, Ellison invested $130 million in the Tony Blair Institute for Global Change and has pledged a further $218 million since then

bcantrill|2 months ago

Note that I made that claim in 2011. I had tried to research this a bit for the brief period of time that I was at Oracle, and really couldn't find anything (other than the Ellison Medical Foundation). That said, I think my essential assertion stands: given his wealth, Ellison's philanthropic work is de minimis.

sumeno|2 months ago

These numbers are rounding errors to Ellison. I give a higher percentage of my net worth every year than he has in total

skinnymuch|2 months ago

You listed multiple sociopathic stuff. A western hegemony think tank is not a good thing. Giving money to a genociders is the opposite of good.

ge96|2 months ago

Funny death is the equalizer for now till you get the foundation situation

admissionsguy|2 months ago

Sounds like he is a refreshingly honest person

jen729w|2 months ago

Sounds like he’s a twat.

array_key_first|2 months ago

> in exchange for not admitting wrongdoing in an options backdating scandal

>> Refreshing honest

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