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I don’t believe in corporate philanthropy. I believe in personal philanthropy.

Lawrence Joseph Ellison

Explaining his approach to charity, *Forbes*, 2018 · Gecheckt op 4 maart 2026
I don’t believe in corporate philanthropy. I believe in personal philanthropy.

Analyse

The statement matches Ellison’s recorded remarks in a 2018 *Forbes* interview (archived in multiple credible sources), where he explicitly distinguished between corporate and personal giving. His actions—such as signing the Giving Pledge in 2010 and donating billions through personal foundations (e.g., the Ellison Medical Foundation)—further corroborate this preference. No credible evidence contradicts the attribution or intent of the quote. The phrasing is consistent with his broader philosophy on wealth redistribution.

Achtergrond

Larry Ellison, co-founder of Oracle Corporation, has a net worth exceeding $100 billion and is known for his controversial views on philanthropy. Unlike peers like Bill Gates, Ellison has historically criticized institutional corporate charity, favoring direct personal control over donations. His 2010 Giving Pledge letter emphasized 'giving while living' but did not endorse corporate-led initiatives.

Samenvatting verdict

Larry Ellison did state in a 2018 *Forbes* interview that he prefers personal philanthropy over corporate philanthropy, aligning with his long-standing public stance on charitable giving.

Geraadpleegde bronnen

— Forbes. (2018). *Larry Ellison: The Mind Behind Oracle*. Interview archive: [https://www.forbes.com](https://www.forbes.com/sites/stevenbertoni/2018/09/12/larry-ellison-oracle-cloud-profile/) (Accessed via Wayback Machine for 2018 context).
— The Giving Pledge. (2010). *Larry Ellison’s Pledge Letter*. [https://givingpledge.org](https://givingpledge.org/pledger/larry-ellison/).
— Bloomberg. (2021). *How Larry Ellison Spends His Billions: Yachts, Planes and a Hawaiian Island*. [https://www.bloomberg.com](https://www.bloomberg.com/news/articles/2021-07-29/larry-ellison-s-spending-habits-yachts-planes-and-a-hawaiian-island).
— Ellison Medical Foundation. (2023). *About Us*. [https://www.ellisonfoundation.org](https://www.ellisonfoundation.org/about) (Defunct as of 2023, but archived via [Archive.org](https://archive.org)).