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- Larry Ellison added a $173 million oceanfront estate in Palm Beach County to his sprawling residential real estate portfolio, setting a record for the most expensive residential sale in Florida. The billionaire Oracle Corp. co-founder closed on the property, just south of Palm Beach in Manalapan, last week, according to public documents.
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Apr 12, 2021 · Oracle cofounder Larry Ellison just bought an $80 million oceanfront mansion in Palm Beach, Florida. The 15,000-square-foot home has seven bedrooms, 11 bathrooms, a home theater, and a swimming...
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On June 22, the day the deed recorded for the Florida sale, Forbesestimated the 77-year-old’s net worth at $93.6 billion.
Ellison co-founded Oracle Corp. with two partners in Santa Clara, California, in 1977. Today, the software powerhouse bills itself as the world’s largest database-management company. Ellison spent 37 years as CEO and still holds the titles of chairman and chief technology officer at the company, which is headquartered in Austin, Texas. His ownershi...
Among Ellison’s most well-publicized stock purchases, he invested heavily in his billionaire friend Elon Musk’s Tesla and joined the company’s board in 2018. This month, Tesla reported that Ellison would be stepping down from the board.
Yes, but he didn’t graduate. He dropped out of the University of Chicago and the University of Illinois, Urbana-Champaign, according to Bloomberg and other published reports.
A native New Yorker from The Bronx, Ellison has lived in the Chicago area and California. But he has said his primary home is on the island of Lanai in Hawaii. He reportedly paid $300 million for almost all of that island 10 years ago. He has also bought homes in Newport, Rhode Island, and California.
Among his philanthropic initiatives, he gave $200 million to fund cancer-treatment research at the University of Southern California in 2016. The Lawrence J. Ellison Institute for Transformative Medicine in Los Angles is named for him. Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekl...
- Darrell Hofheinz
- Real Estate Editor / Special Sections Editor
Nov 17, 2023 · Larry Ellison owns Florida’s most expensive home, the $173 million Gemini mansion pictured above, another trophy estate in nearby North Palm Beach (which he listed for sale at $145 million), a Japanese-style home in Woodside, Calif. worth around $70 million, the historic Beechwood Astor Mansion in Newport, RI, and most of the Hawaiian island ...
Jun 23, 2022 · Mr. Ellison, 77, the co-founder of software company Oracle, bought the 16-acre property on a barrier island in Manalapan, just south of Palm Beach, in an off-market deal through a limited ...
Jun 23, 2022 · REAL-ESTATE. Billionaire Larry Ellison, among world’s richest people, bought Florida estate for $173 million. A company linked to Ellison bought the property near Palm Beach in an...
- Darrell Hofheinz
- Real Estate Editor / Special Sections Editor
Jun 23, 2022 · Ellison paid $80 million last year for a North Palm Beach mansion he intended to demolish, but made clear at the time that he intended to continue to be based on the Hawaiian island of Lanai,...
