Perks of being Ellison: Saying "fuck you" with a safari
Oracle's high-rolling CEO may not actually be the Almighty, but he's pulled off a miraculous deal with his latest lawsuit settlement.
Oracle investors sued Larry Ellison after he dumped $900 million in Oracle stock just before shares tanked. Larry scored a sweet settlement — just a promise to donate $100 million to charity. And now he's paid part of that.
But Larry's other beneficiary isn't so lucky. Harvard's still missing a promised $115 million from Larry — and he's given them a big "fuck you" by avoiding them since November. At one point, says the Boston Herald, Larry's people told Harvard he was away on safari.
Don't worry about those investors — Larry will pay that hundred mil. The problem is, Harvard never snagged a written promise from Larry. What was that quote about a verbal agreement?
Ellison settles suit with $100M gift but leaves Harvard hanging [Mercury News]
'He's away on safari' - Oracle chief's $115M never gets to Harvard [Boston Herald]