Oracle’s Ellison takes back $115 million Harvard donation

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Oracle's Ellison takes back $115 million Harvard donation

Oracle CEO Larry Ellison has reversed his decision to donate some $115 million to Harvard University, following the resignation of the school’s president, Larry Summers, an Oracle spokesman said yesterday.

The decision comes the same week Berkshire Hathaway CEO Warren Buffett said he would donate the bulk of his $44 billion fortune to charity and just after Microsoft Corp. founder Bill Gates said he would ease out of his day-to-day role at the company to focus on philanthropy.

Read the complete story here. (CW)

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