A tech billionaire is undertaking ambitious philanthropic efforts, planning to donate the majority of his wealth to public causes. Larry Ellison, known as the creator of the giant Oracle, is among the few wealthiest people on the planet, with an estimated capital of over $370 billion.

Breaking away from traditional models of social support, the tech visionary is focusing on initiatives aimed at solving humanity's greatest challenges. His flagship project is the Ellison Institute of Technology (ElT) based in Oxford, where work is underway to improve healthcare and combat the effects of climate change.

The philanthropic strategy concentrates on redirecting 95% of accumulated assets toward global initiatives. This move highlights the growing trend among the largest capital reservoirs to engage in social transformation through direct support for innovative research institutions.

In financial markets, Bitcoin remains the focus of investor attention, currently trading at $91.35K with a 1.36% increase over the last 24 hours, reflecting the current dynamics of the cryptocurrency sector. [#Oracle](/pl/square/hashtag/Oracle)