Finance

Is Larry Ellison on the Brink of Becoming America’s Next Media Magnate with Trump’s Help?

2025-04-02

Author: Lok

Introduction

Larry Ellison, the co-founder of Oracle and an icon of Silicon Valley extravagance, seems poised to transition from tech mogul to media tycoon. Over decades, Ellison has indulged in a lifestyle that many can only dream of—constructing a $200 million villa inspired by Japanese architecture, acquiring the sixth-largest island in Hawaii, and engaging in high-profile relationships that are often in the tabloids.

Financial Power

With a staggering net worth estimated at $175 billion, Ellison's spending power is practically limitless. In 2022, he broke Florida's real estate records by purchasing a lavish 22-acre estate near Palm Beach for $173 million—a sum that barely scratched the surface of his wealth. He even invested $1 billion in Elon Musk’s Twitter takeover, declaring it a venture of 'fun.'

Expanding Ambitions

Now at 80, Ellison appears to be setting his sights on expanding his empire beyond personal amusement. Influenced by his friend Elon Musk’s multifaceted corporate endeavors, Ellison seems ready to scale up his business ambitions. Recently, Oracle has emerged as a potential bidder for TikTok, the viral video-sharing app that finds itself in a precarious position due to government mandates requiring its Chinese parent company, ByteDance, to divest its U.S. stake. President Trump is reportedly meeting with key officials to discuss TikTok's future ownership structure, with a pivotal deadline approaching.

Past Attempts with TikTok

Back in 2020, Oracle was on the verge of becoming a minority owner of TikTok's U.S. operations but the deal fell through as political uncertainties evolved. Fast forward five years, and a fresh wave of tech moguls appears ready to reclaim their influence and reshape the industry landscape.

AI and Privacy Concerns

Ellison’s involvement could also spark new conversations about artificial intelligence's role in society. Known for fervently supporting AI advancements, he envisions a future where technology could foster better living conditions—though critics warn of potential privacy breaches in such surveillance-oriented systems. His recent statements about needing 'surveillance for societal improvement' have raised eyebrows among privacy advocates.

Family Ventures in Media

In an unexpected twist, Ellison is reportedly backing an $8 billion bid by his son, David, to acquire Paramount, the media conglomerate that owns storied properties like CBS and MTV. This move positioning the Ellison family closer to the heart of media production aligns with TikTok's vibrant content ecosystem, which boasts an incredible 1.5 billion active users monthly.

Political Connections and Future Prospects

But what makes this scenario even more compelling is Ellison's close ties with Trump. Earlier this year, he actively participated in a project announcement at the White House, further establishing his influence and access in political circles. Trump himself has noted Ellison as a potential buyer for TikTok in conversations, emphasizing the significance of their intertwined paths.

Industry Speculation

Industry observers like Richard Greenfield from LightShed Partners speculate that the interactions between Ellison’s corporate ambitions, the White House, and TikTok showcase a strategic alignment that could reshape the media landscape.

Conclusion

While the final outcomes remain uncertain, one thing is clear: a blend of high-profile tech ventures, political connections, and media aspirations positions Larry Ellison at a unique crossroads. Whether this leads to his ascendance as the next media mogul or serves another purpose entirely remains to be seen. With Ellison's history of turning dreams into reality and his relentless pursuit to reshape the world—through both technology and media—it may not be long before we witness a new era defined by his ambitions.