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Larry Ellison: The Oracle Co-Founder's Real Estate Acquisitions

Ellison's Lavish Purchase

Oracle co-founder Larry Ellison has reportedly acquired the Eau Palm Beach Resort & Spa in Manalapan, Florida.

The purchase price remains undisclosed, but the property was previously owned by the Lewis Trust Group since 2003.

Ellison's acquisition of the beachfront resort expands his nationwide hotel portfolio.

Ellison's Wealth and Status

As of 2023, Ellison is ranked as the seventh-richest person in the world, according to Forbes.

His vast fortune stems from his success as the founder of Oracle Corporation, a global software company.

Ellison is known for his lavish lifestyle and has made significant investments in real estate over the years.

Details of the Acquisition

The Eau Palm Beach Resort & Spa is a luxurious oceanfront property.

It features 309 guest rooms, multiple restaurants, a spa, and a fitness center.

The resort is situated in a prime location, just south of Palm Beach, Florida.

Expansion of Ellison's Hotel Portfolio

Ellison's purchase of the Eau Palm Beach Resort & Spa marks the latest addition to his extensive hotel portfolio.

He owns several other high-end hotels across the United States, including:

  • Malibu Beach Inn in Malibu, California
  • Porcupine Creek Ranch in Montana
  • The Vintage Club in Indian Wells, California

Ellison's real estate holdings reflect his passion for luxury and his keen eye for investment.

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