据《华尔街日报》报道：Larry Ellison 质押甲骨文、特斯拉、SpaceX 与 Paramount 股票大举借款，为儿子收购华纳兄弟探索提供资金
据《华尔街日报》10月20日报道，Oracle 联合创始人 Larry Ellison 今年夏天原本计划出售一大笔 Oracle 股票套现，以帮助支付其子 David Ellison 收购华纳兄弟探索（Warner Bros. Discovery）的交易；但在合并完成前的最后阶段，他改为加大借款，以 Oracle、特斯拉、SpaceX 与 Paramount 的股票作抵押，向五家银行扩大了授信额度。这五家银行是花旗集团、汇丰、摩根大通、瑞银与法国巴黎银行。
报道援引加州的监管备案文件称，上述银行对 Ellison 的股票抵押登记了留置权；其中仅 Oracle 股票一项，备案显示涉及约 8,700 万股。Oracle 今年 9 月另行披露，Ellison 已质押 4.13 亿股 Oracle 股票为其个人债务作担保，市值约 580 亿美元，质押股数较一年前披露的 3.46 亿股明显增加。Oracle 同时于 9 月表示，Ellison 已取消出售约 75 亿美元股票的计划。
以质押借款代替卖股，使 Ellison 得以保留持股、避免锁定应税收益。《华尔街日报》指出，这是富豪常用的「买入、借入、持有至终」财富策略。福布斯估算 Ellison 身家约 1,690 亿美元，主要来自他持有的约四成 Oracle 股份，其中大部分与上述借款无关。
GSM 此前报道，David Ellison 领导的 Paramount Skydance 收购华纳兄弟探索的交易已于本月完成，Larry Ellison 为这笔交易提供了逾 400 亿美元的个人担保。
Larry Ellison Pledged Oracle, Tesla, SpaceX and Paramount Shares in Borrowing Spree to Bankroll Son's Warner Bros. Bid, WSJ Reports
According to The Wall Street Journal on October 20, Oracle co-founder Larry Ellison had planned this summer to sell a large chunk of his Oracle stock to help pay for his son David Ellison's takeover of Warner Bros. Discovery. Instead, in the run-up to the merger's completion, he expanded his borrowing, putting up shares in Oracle, Tesla, SpaceX and Paramount as collateral and increasing his lending from five banks: Citigroup, HSBC, JPMorgan, UBS and BNP Paribas.
The Journal reported, citing regulatory filings in California that had not previously been reported, that the banks took liens over Ellison's stock collateral, including some 87 million Oracle shares covered by the filings. Oracle separately disclosed in September that Ellison has 413 million Oracle shares, worth around $58 billion, pledged to back his personal indebtedness, up from the 346 million shares disclosed a year earlier. Oracle also said in September that Ellison had scrapped a plan to sell roughly $7.5 billion worth of stock.
Borrowing against the shares let Ellison keep his stock and avoid locking in taxable gains, a strategy the Journal described as the buy, borrow and die approach often employed by billionaires. Forbes puts Ellison's total wealth at around $169 billion, based largely on his roughly 40% stake in Oracle, the bulk of which is not linked to his borrowing.
GSM previously reported that the Paramount Skydance takeover of Warner Bros. Discovery, led by David Ellison, was completed this month, with Larry Ellison personally guaranteeing more than $40 billion of the financing.
发布：GSM·美国（发布链接）
图片来源：Larry Ellison 2025年1月在白宫发言（资料图，已裁去画面底部字幕）。白宫官方图，公共领域，经 Wikimedia Commons 发布／Larry Ellison speaking at the White House, January 2025 (file photo, bottom subtitle band cropped). Official White House photo, public domain, via Wikimedia Commons
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