How Larry and David Ellison built their wealth and political influence

The Rise of Larry Ellison and His Influence on American Business and Politics

Larry Ellison, the co-founder of Oracle and one of the wealthiest individuals in the world, has long been a figure of intrigue in both the business and political arenas. Over the past few decades, he has not only built a tech empire but also positioned himself as a key player in shaping the political landscape of the United States. His influence extends beyond his company, with his son David Ellison also making waves in the media industry.

A Shift in Political Allegiances

Ellison’s political journey has seen a significant transformation over the years. Initially known for his support of Democratic candidates, including Bill Clinton, his views have evolved to align more closely with conservative ideologies. This shift became more pronounced in recent years, particularly during the 2020 presidential election. Ellison was seen as a quiet donor to various super PACs, but his involvement in the conservative movement has grown significantly.

In 2016, Ellison supported Marco Rubio’s presidential campaign, which marked a pivotal moment in his political engagement. According to Terry Sullivan, who managed Rubio’s campaign, Ellison was described as “very low maintenance compared to a lot of the other billionaire donors.” This support continued into the 2020 election, where Ellison hosted a fundraiser for Trump’s re-election campaign, although he did not attend himself.

The TikTok Deal and Its Implications

Larry Ellison at the White House with Donald Trump

One of the most notable developments in Ellison’s career came in 2020 when Oracle partnered with TikTok to address the Trump administration’s national security concerns. This partnership was a strategic move that aligned with Trump’s policies and further solidified Ellison’s relationship with the former president. The deal was seen as a significant win for both companies, allowing Oracle to expand its presence in the U.S. market while addressing the government’s concerns about data privacy and security.

Following this partnership, Ellison became a regular visitor to the White House, where he participated in discussions about the future of artificial intelligence and technology. In 2024, Ellison joined forces with OpenAI CEO Sam Altman and SoftBank CEO Masayoshi Son to announce a new joint venture called Stargate, aimed at growing AI infrastructure in the United States. This move highlighted Ellison’s vision for the future of technology and his willingness to invest in emerging industries.

The Media Venture of David Ellison

David Ellison at a UFC event with Donald Trump

While Larry Ellison has made his mark in the tech industry, his son David Ellison is carving out his own path in the media landscape. David Ellison’s company, Skydance, has been involved in a major acquisition of Paramount, a storied studio and media company. This deal was not without its challenges, as it faced regulatory scrutiny and allegations of political interference. However, after a lengthy merger review process, the deal was approved, marking a significant milestone for David Ellison.

The acquisition of Paramount has placed David Ellison in a prominent position within the entertainment and news media sectors. He has also shown interest in expanding his media empire by acquiring The Free Press, a conservative-leaning publication, and potentially targeting Warner Bros. Discovery, the parent company of CNN. These moves reflect his ambition to shape the media landscape and influence public discourse.

Navigating Political and Business Interests

Despite the potential for political influence, David Ellison has expressed a desire to focus on building his business rather than engaging in political activities. During media availabilities following the Skydance-Paramount merger, he emphasized his commitment to creating a news outlet that caters to the center, aiming to provide factual and unbiased reporting. This approach reflects a desire to bridge the gap between different political ideologies and foster a more inclusive media environment.

However, speculation about the political motivations behind his business decisions has persisted. Some have questioned whether his recent shifts in political donations and associations are driven by a desire to gain favor with certain political figures. Despite these rumors, David Ellison has maintained that his primary focus remains on his business ventures and the growth of his media empire.

The Future of the Ellison Legacy

As the Ellisons continue to navigate the complex interplay between business and politics, their influence on American society is undeniable. Larry Ellison’s strategic investments and partnerships have positioned him as a key player in the tech industry, while his son’s media ventures highlight the evolving landscape of news and entertainment. Together, they represent a powerful force that continues to shape the future of American business and politics.

With the ongoing developments in technology, media, and political landscapes, the Ellisons’ legacy is likely to endure. Their ability to adapt and innovate ensures that they remain relevant in an ever-changing world. As they continue to build their empires, the impact of their decisions will be felt across various sectors, influencing not only the business community but also the broader societal narrative.

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