Ex-Israeli Prime Minister Benjamin Netanyahu has reportedly been offered a board seat at software giant Oracle — as company founder
Ex-Israeli Prime Minister Benjamin Netanyahu has reportedly been offered a board seat at software giant Oracle — as company founder Larry Ellison prepares to testify as a witness for the prosecution in one of Netanyahu’s upcoming corruption cases.
Ellison, one of Silicon Valley’s most outspoken supporters of Israel, personally asked the ex-prime minister to join the company’s board, Israeli newspaper Haaretz reported on Tuesday.
Netanyahu denied the report; an Oracle spokesman declined to respond, according to Haaretz.
The Oracle gig would reportedly come with an annual salary worth hundreds of thousands of dollars, as well as shares in the company, which has a market capitalization of nearly $240 billion.
Ellison — who Forbes estimates is the seventh-wealthiest person in the world with a net worth of $113 billion — is expected to testify in a criminal corruption case against Netanyahu centering on allegations that the ex-prime minister tried to buy favorable media coverage by passing legislation favorable to an Israeli media mogul named Arnon Mozes, according to Haaretz.
While serving as prime minister, Netanyahu unsuccessfully tried to convince Ellison to buy up or establish Israeli media properties, the paper reported.
Oracle and Netanyahu’s office did not immediately reply to requests for comment from The Post.
Netanyahu and Ellison vacationed together this August on Lanai, the Oracle founder’s private Hawaiian island, according to Haaretz.
The two also held a series of calls prior to the Hawaii trip where they discussed Netanyahu joining the board, the newspaper reported, citing anonymous sources.
In order to take the position, Netanyahu would have to resign from Israel’s legislative body, the Knesset, because members are barred from accepting outside payments.
Oracle board members typically make $450,000 per year, but some make as much as $800,000, Haaretz reported.