Paramount makes new bid to buy Warner Bros.
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Larry Ellison has built the world’s third-largest fortune by holding tight to his Oracle Corp. stock, rarely selling his shares and instead relying on loans to fund billions in investments and lifestyle expenses.
Larry Ellison began 2025 as one of the richest people in the world. He briefly held first place during the year and saw his wealth soar even higher.
WBD presented a chronology of events and meetings that occurred, leading to its deal to sell Warner Bros. studios and HBO Max to Netflix, following by David Ellison’s hostile takeover bid and the WBD board’s official rejection of the $30/share bid on Dec.