Biography Flash: Larry Ellison's $14 Billion TikTok Deal Makes Him Social Media King at 81
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Biography Flash: Larry Ellison's $14 Billion TikTok Deal Makes Him Social Media King at 81
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Larry Ellison, the Oracle co-founder and billionaire power broker, just sealed a blockbuster $14 billion deal thats got Washington buzzing. Democracy Now reports his company Oracle is now a key player owning the U.S. version of TikTok, spun off from Chinas ByteDance to dodge a national security ban. Politico confirms the deal closed this week, with Oracle joining Silver Lake and MGX on the seven-member board, putting Ellison squarely in the social media spotlight as a Trump ally who helped negotiate the terms. KSAT details how this keeps the app running seamlessly for American users, with Oracles cloud tech controlling the all-important algorithm retrained on U.S. data, though critics worry it doesnt fully cut Chinese ties.
In a fresh headline from this morning, Benzinga notes Oracles cash piles are shrinking fast from AI buildouts, but Ellison still pockets his massive dividend check tomorrow, underscoring his iron grip on the companys finances at age 81.
Ellisons not stopping there on the business front. Cloud Wars highlights his bold vision laid out recently for Oracles 2026 AI dominance, promising secure inferencing on private corporate data via the new Oracle AI Database, Cloud Infrastructure, and appsa trillion-dollar holy grail he claims puts Oracle ahead of rivals in the AI economy.
No public appearances or social media mentions popped up in the last few days, but this TikTok coup builds on his Paramount stake and sons Skydance merger, positioning him as a media mogul in the making with lasting biographical weight.
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