Larry Ellison managed to make it big after listing his Palm Beach, Florida mansion for a whopping $145 million.
This tech billionaire bought his sprawling 15,500-square-foot property in the super-expensive Seminole Landing District for $80 million last year.
"The property was originally purchased with the intention of building something special, and another opportunity arose, and he was able to take advantage of the property immediately," he said. A source familiar with the property told The Post.
The Wall Street Journal first reported the list.
In June, Oracle's founder announced that he had received $173 million from internet entrepreneur Jim Clark for an even larger Purchased property. The deal set a record for the most expensive deal ever in the Sunshine State.
Meanwhile, this Seminole Landing estate is his third largest beachfront lot in Palm Beach County, with over 520 feet of sea level and he has 24-hour gated his security .
The seven-bedroom, 14-bathroom Tuscan-style hotel features a home theater, wine room and tennis court. increase.
Situated on 7.35 acres, it features a chef's kitchen, VIP guest suite and large private pool terrace. According to the
list, "He's one of the few properties in Florida where someone can land and take off by helicopter from the property."
Ellison purchased the property from hedge fund his manager Gabe Hoffman in April 2021.
his Adam McPherson, Chris Leavitt, and Ashley McIntosh from Douglas Elliman's Leavitt/McIntosh team. Compass's Farhad Farman serves as a strategic marketing advisor.
Additionally, Larry Ellison owns properties in Malibu and owns the entirety of Hawaii Island Lanai.
Since the tech mogul bought his 98% of Lanai in 2012,there have been reports that some locals have been discounted from the island, but locals Ellison told The Post that he is well respected. And the entrepreneur changed the place for the better.
"He has greatly improved infrastructure such as his pineapple plantations," an insider previously told The Post. "The park was deteriorating and the infrastructure was crumbling, but he essentially brought it back to life."
At the same time,Ellison's investment in Malibu Home prices in the laid-back seaside town have skyrocketed. Today, it's a mecca for the ultra-rich, with homes worth as much as $177 million.
