Larry Ellison’s net worth has been on a roller coaster ride, but the tech titan nevertheless plans to provide a “full backstop” for his Hollywood mogul son’s giant bid to purchase Warner Bros. Discovery, On The Money has learned.

Until recently, David Ellison, with his billionaire father’s support, was seen as the leading contender to buy WBD – the owner of the Warner Bros. studio, HBO and CNN – after he signaled his interest upon completing his $8 billion purchase of Paramount to create Paramount Skydance.

But questions have lately emerged among rival bidders and even inside WBD whether the elder Ellison will play any financing role. That’s because Larry Ellison’s net worth – after soaring to more than $400 billion to make him the second-richest in the world – has tumbled in recent we

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