Spotlight on Billionaire David Ellison

"Star Trek Into Darkness" Los Angeles Premiere - Arrivals

NAME: DAVID ELLISON

SOURCE OF WEALTH: Family

BIO: Son of Oracle’s Larry Ellison, whose net worth is estimated between 41.8 billion (Bloomberg) and $48 billion (Forbes). Brother of uber-producer Megan Ellison. USC film school graduate. Accomplished acrobatic pilot.

MARITAL STATUS: Married to actress/singer Sandy Modic.

HOLLYWOOD CONNECTIONS: His father once co-owned the 450-foot, $200 million yacht Rising Sun with fellow billionaire and DreamWorks co-founder David Geffen. David Ellison began career as an actor, appearing in and co-financing the 2006 MGM flop “Flyboys.” Founded Skydance Productions label, named for his love of flying. Raised $350 million to co-finance movies with studio partner Paramount Pictures. Re-upped co-financing pact with Paramount through 2018.
FILMS OF NOTE: “True Grit,” “Mission: Impossible—Ghost Protocol,” “Jack Reacher,” “G.I. Joe: Retaliation,” “Star Trek Into Darkness,” “World War Z.” Combined, those films have made more than $2.4 billion at the global box office—Deadline.

FILM PROJECTS IN THE WORK:
*“Terminator: Genesis.” Director: Alan Taylor. Cast: Emilia Clarke, Arnold Schwarzenegger, Jai Courtney. Producers: Ellison, Dana Goldberg.
*“Mission: Impossible 5” Director: Christopher McQuarrie. Cast: Tom Cruise, Paula Patton, Jeremy Renner. Producers: Ellison, J.J. Abrams, Tom Cruise.
*“Top Gun 2” Cast: Tom Cruise.
*”Geostorm” Cast: Gerard Butler. Director: Dean Devlin. Producers: Ellison, Devlin, Goldberg, Rachel Olschan, Marc Roskin.

*Jack Reacher: Never Go Back” Cast: Tom Cruise.

REAL ESTATE VENTURES: Skydance Productions purchased the historic Santa Monica post office on Fifth Street which was opened as part of FDR’s Works Project Administration in the ‘30’s, but was shuttered last year after walk-in traffic dwindled, according to Santa Monica Daily Press. No price was disclosed.

QUOTABLES: “I got sick my first flight.”—2006 Q&A with Air & Space magazine.

SCIENTOLOGY CONNECTION: All those Tom Cruise movies. TMZ featured a 2011 video of Cruise doing the worm during a “dance battle” at Ellison’s Palm Springs wedding.

About Robert W. Welkos

Executive Editor: Robert W. Welkos is an award-winning journalist who covered the entertainment industry for 15 years as a staff writer for the Los Angeles Times. During this span, he wrote extensively about the movie industry from turmoil in the executive suites, the Academy Awards and Golden Globes, and box office hits and bombs to visits to movie sets as well as profiles of top stars and A-list directors, cutting edge features on the newest indie films and visits to famous film festivals like Sundance and Cannes. Prior to entertainment, Welkos worked as a reporter and assistant city editor in The Times’ Metro section where he undertook major investigations for the paper as well as covering breaking news and writing in-depth features. Before joining The Times, he worked for the Associated Press in Reno, Nevada, and City News Service in Los Angeles.

Follow us

Breaking Hollywood News   


UPDATES BY EMAIL

Comments are closed.