Overview
- The report, published June 24, 2026, says Larry Ellison gave about $45 million to a tax‑exempt nonprofit that supported President Trump’s 2024 campaign.
- Much of Ellison’s political giving moves through nonprofit vehicles that are not required to disclose donors or amounts, leaving large gifts absent from Federal Election Commission filings.
- Ellison has had private access to the White House, including an episode when the president intervened to admit him to a high‑profile AI event after he lacked ID.
- The Ellisons have seen concrete commercial and regulatory gains: Oracle was tapped for a major AI data‑center plan, joined a U.S. investor group for TikTok, and the Justice Department cleared Paramount Skydance’s roughly $81 billion takeover of Warner Bros. Discovery.
- Federal disclosures show Mr. Trump’s accounts traded Oracle shares earlier in 2026, and the new reporting has raised transparency and conflict‑of‑interest questions that could prompt watchdog reviews or legal scrutiny.