expanding
Directs Oracle's AI-capex buildout (Stargate) despite the company's own negative free cash flow and high leverage, while personally deploying capital outside Oracle — his family trust funded Paramount Global's Aug-2025 merger with Skydance Media (led by son David Ellison) and is now the merged entity's largest shareholder.
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- Wikipedia — Larry Ellison In Aug-2025, Ellison's family trust provided funding for Paramount Global's merger with Skydance Media; the trust is now the largest shareholder of the merged entity
- kestrel board.yaml oracle optionality axis oracle optionality: constrained/locked — negative FCF, high leverage, cash pre-committed to the buildout
the working
Basis
Directs Oracle's AI-capex buildout (Stargate) despite the company's own negative free cash flow and high leverage, while personally deploying capital outside Oracle — his family trust funded Paramount Global's Aug-2025 merger with Skydance Media (led by son David Ellison) and is now the merged entity's largest shareholder.
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