Biography Flash: Larry Ellison's $40 Billion Hollywood Gambit and California Tax Escape Plan Revealed

Larry Ellison Biography Flash a weekly Biography.

Larry Ellison has spent the past few days quietly moving pieces on three very big chessboards at once: Hollywood, Big Tech AI, and his own tax and real estate footprint in California.

In Hollywood, his role as the unseen power behind his son David Ellisons Paramount Skydance bid for Warner Bros. Discovery remains the headline story. Fortune recently detailed how Larry agreed to personally guarantee about 40.4 billion dollars to back Paramounts 108 billion dollar hostile all cash offer after Warner boards earlier complaints that the Ellison financing was illusory. According to MarketWatch via Dow Jones, Warner Bros. Discovery this week again told shareholders that even Larry Ellisons vast fortune is not enough, urging them to reject the Paramount Skydance offer and stick with the already accepted Netflix deal, citing Paramounts heavy use of debt and saying the bid still undervalues the company. That keeps Larry firmly cast as the billionaire backstop trying to reshape the future of a Hollywood icon, but for now on the losing side of the board.

At the same time, Ellison is a central figure in a broader story about billionaires fleeing California. The San Francisco Chronicle reports that he quietly sold his Pacific Heights Billionaires Row mansion in an off market deal for about 45 million dollars, the citys priciest residential sale of 2025. Fox Business and Fox News Digital frame that move as part of a strategic pullback ahead of a proposed 5 percent California wealth tax on residents worth more than 1 billion dollars, noting that Ellison, now officially based on Lanai, could face a multibillion dollar bill if he were still a California resident when and if the tax takes effect. Some details around his exit are still colored by speculation in tabloid outlets, but the core sale price and his broader shift away from California are well documented by mainstream business press.

On the technology front, Ellison continues to position Oracle as an AI power broker. Coverage in Cloud Wars and in The Times of India of his recent Oracle earnings commentary highlights his argument that the real money in AI is not just training giant models but letting them securely reason over private corporate data, something he insists Oracle is uniquely positioned to deliver with its AI database, cloud infrastructure, and applications stack. That narrative, if it holds, could define the late career chapter of his biography as the database king who reinvented himself yet again for the AI era.

There have been no widely reported major public appearances or viral social media posts from Ellison in the past 24 hours; his influence is showing up instead through filings, board letters, and strategic leaks around deals and tax moves. Speculation that he is simultaneously angling for influence in media and politics through his Hollywood financing and his reported closeness to Donald Trump is common in opinion pieces, but those political motives remain unconfirmed and should be treated as informed conjecture rather than fact.

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