Ellison Pledges $9.2 Billion More in Oracle Shares as Collateral
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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.
This additional pledge amounts to $9.2 billion, reflecting Ellison's increased use of his Oracle holdings for securing financing.
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“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.”
Bloomberg — Ellison Pledges $9.2 Billion More in Oracle Shares as Collateral