Larry Ellison, co-founder of Oracle, leads the Ellison family, which has built a huge empire that includes tech companies, Hollywood studios, and luxury goods. Recent mergers have made them the most powerful media company.
In 2025, David Ellison, Larry’s son, led the $8 billion merger of his Skydance Media with Paramount Global. This created Paramount Skydance and made him CEO and chairman. The family now owns 1,200 movies, including Top Gun: Maverick, as well as networks like MTV, Nickelodeon, CBS News, Comedy Central, and BET. Larry Ellison has about 35.5% of the voting rights in the new company, but he can’t use his veto power.
With her father’s help, Megan Ellison started Annapurna Pictures and made movies like Zero Dark Thirty, Her, American Hustle, and True Grit that were well received. The company got its start with a $1.8 billion inheritance and has since become a major player in independent Hollywood production.
Larry Ellison is the head of Oracle and has a net worth of more than $150 billion. He also owns stakes in Tesla and has made huge investments in real estate, yachts, vintage planes, and properties in Hawaii, Florida, and Japan. His Ellison Revocable Trust owns a lot of his $1.5 billion worth of real estate and Oracle stock.
As of early 2026, David Ellison wants to combine Paramount Skydance with Warner Bros. Discovery. This could mean that HBO, CNN, DC Comics, Harry Potter, TNT, TBS, and Food Network are added to their portfolio. This would make a huge empire that would affect news, entertainment, and technology under the Trump-friendly family.
