The most powerful tech oligarch in America could lose his influence

The most powerful tech oligarch in America could lose his influence

By Nitish Pahwa
Publication Date: 2026-03-20 15:00:00

Sign up for the Slatest to get the most insightful analysis, reviews and advice delivered to your inbox every day.

From the view below, Larry Ellison is on top of the world. His longstanding friendship with President Donald Trump has literally paid off for his software giant Oracle, giving him a big stake in TikTok, a significant increase in its stock price, and a series of friendly AI deals and regulations. This wins have boosted his already considerable net worth and enabled him to support his son David’s expensive takeover bids for Paramount And Warner Bros. Discovery. Trump has now done it too personal supported the Ellisons’ ambitions – they beat Netflix in the WBD bidding war for Paramount Skydance and supported the father-son duo’s efforts to ideologically reshape CNN. Overall, the Ellisons have become stewards of a pro-Trump media empire.

But if you look closer, simple How The Ellisons are walking around…