Sacramento, California, USA: Larry Ellison, the founder of Oracle and currently the richest person in the world, has announced his plan to donate 95 per cent of his total wealth. The Bloomberg Billionaires Index reports that his net worth stands at $393 billion (approximately ₹34.6 lakh crore). His fortune has grown significantly due to advancements in the artificial intelligence sector. Ellison, who joined the ‘Giving Pledge’ in 2010, continues to direct his efforts toward initiatives in healthcare, food security, climate action, and AI research through his personal institute.