Ellison Pledges $9.2 Billion More in Oracle Shares as Collateral

🇺🇸 Bloomberg (US) —
Ellison Pledges $9.2 Billion More in Oracle Shares as Collateral

AI Summary

Larry Ellison, co-founder of Oracle Corp., has pledged an additional 67 million Oracle shares worth $9.2 billion as collateral for personal loans compared to the previous year. This move reflects significant personal financing activity linked to the tech giant.

Larry Ellison has pledged 67 million more shares of Oracle Corp. as collateral for personal loans than he had at the same time last year.

Markets Deals AI & Tech Larry Ellison Oracle Corp shares pledged personal loans collateral finance technology

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