Alexandra Wyman/Invision/AP

Cassandra and Brad Grey

Tech mogul and philanthropistLarry Ellison, co-founder and CEO of Oracle Corporation, has been named the honoree of the 2nd annual Rebels With a Cause gala, which will take place later this month. The event will benefit the cancer research efforts of David B. Agus, M.D., director of the USC Center for Applied Molecular Medicine and the USC Westside Cancer Center.

"Larry has been a champion of our center's work from day one when his Ellison Medical Foundation announced funding for the initiation of our cancer research at the USC Center for Applied Molecular Medicine,"Agus said in a statement. "His generous support through the years is allowing us to explore unique approaches to medical oncology that will help us better control a disease which impacts millions worldwide."

Music veteran Barry Manilow and Oscar-nominated singer-songwriter and producer Pharrell Williams are set to showcase special guest performances at the gala, where David Foster, 16-time Grammy Award winner, will serve as the night's musical director. Late night talk show host Jimmy Kimmel is set to host the event as the master of ceremonies. STORY: Paramount Pictures' Brad Grey JoinsLACMAas Trustee (Exclusive)

Director and producer Don Mischer will lead the live event, with Cassandra and Brad Grey, CEO of Paramount Pictures, and Carmen A. Puliafito, M.D., dean of the USC Keck School of Medicine serving as honorary co-chairs.

"Cassandra and I are honored to be co-hosting this event. Dr. Agus and his team's tireless and most innovative efforts towards fighting cancer is what propelled us to support this incredibly worthy cause," Grey said in a statement. "Like Dr. Agus and Larry Ellison, the night's distinguished honoree, we are committed to the profound advancements taking place in the fields of genomics, proteomics and gene sequencing. For all those who are afflicted with these life-altering diseases, we collectively look forward to the great lifesaving innovations that Dr. Agus and his team have on the horizon tomorrow and for years to come."

The Rebels With a Cause gala will be held at the Paramount Pictures Studio on March 20.

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Larry Ellison to Be Honored at Rebels With a Cause Gala