Remember my post of June 22nd about how the “Shogun of Redwood Shores,” Larry Ellison, seemed to have reneged on his promise to donate $115 million to Stanford University? Well, it would seem that Larry is about to cough up $100 million (which is like 2% of his shares!)of his own “personal” fortune into the “Ellison Medical Foundation” to settle a shareholder lawsuit claiming he improperly sold $900 million of company stock in 2001. Seemingly the ultimate beneficiaries will be U.S. universities and laboratories conducting biological research on the aging process and age-related diseases and disabilities. I guess this means Larry intends to grace us with his wonderful presence forever! In the meantime…. Harvard is still waiting, cap in hand, for their $115 million. Maybe they couldn’t guarantee the “Shogun” the ultimate Frankenstein treatment!
For an extra $100 million, you can have the titanium neck bolts!
Comment Preview