Larry Ellison, the billionaire co-founder of Oracle, is renowned for his extensive real estate investments. With a property portfolio valued at over $1 billion, he has acquired a diverse range of properties, including mansions, hotels, temples, and even entire islands. Ellison, who owns nearly 40% of Oracle, stepped down as CEO in 2014 after leading the company for 37 years. He has also served on the board of Tesla and is currently the fourth-richest person in the world.
Ellison’s incredible property
From a villa in Kyoto to an island in Hawaii and Frank Sinatra’s Lake Tahoe casino, here are some of the stand-out properties in Ellison’s ever-increasing portfolio.
1. Beechwood Mansion, Newport, Rhode Island
Ellison owns multiple properties in Newport, but his most prized one is undoubtedly his Beechwood Mansion on Bellevue Avenue. This historic mansion was once owned by the Astor family and is now part of Ellison’s extensive property holdings in Newport. After the purchase, Ellison also bought three surrounding properties on Newport’s Bellevue Avenue.
2. Multiple Properties, Lake Tahoe
Ellison has owned and sold several properties in Lake Tahoe, including the famous Cal Neva Lodge. It is known that he bought the Lodge to save it from bankruptcy. He still has a number of properties in Incline Village, Nevada, an upmarket neighborhood on Lake Tahoe’s north shore.
3. Lanai, Hawaii
Ellison splashed US$300 million to buy 98% of this secluded island in 2012, which includes 36,422 hectares (90,000 acres) of land and two Four Seasons resorts. Since then, he has been investing in its hotels and clean energy infrastructure.
4. Multiple Properties, Malibu, California
Ellison is believed to own around 20 homes in Malibu, including several on Carbon Beach, better known as “Billionaire’s Beach”. The tech billionaire spent between US$200 million and US$250 million on properties in the area. He also owns the Nobu Ryokan Malibu hotel and the Malibu Racquet Club.
5. Woodside Estate, California
Inspired by Japanese imperial design, this stunning estate features a lake, teahouse, and even a koi pond. He reportedly spent approximately $200 million on renovations.
6. Porcupine Creek Estate, California
Ellison bought the 99.5-hectare (246-acre) Porcupine Creek estate for US$43 million, with the intention of turning it into a six-star resort. Ellison transformed this epic property into a luxurious wellness retreat, complete with an amphitheater, golf course, and a 18,430 square foot residence.
7. Kyoto Garden Villa, Japan
Ellison’s love for turning historic homes into museums extends to Japan’s temples. He bought a historic garden villa located on the grounds of a Zen Buddhist temple. This historic garden villa, dating back to 1386, will be converted into a Japanese art museum.
8. Manalapan Compound, Palm Beach
Last year, Ellison recently purchased this record-breaking $173 million estate, known for its expansive amenities and ocean-to-lake location. The transaction of the ocean-to-lake estate marked the most expensive residential sale ever in Florida.
Ellison’s passion for real estate has led him to acquire some of the most prestigious properties in the world, showcasing his wealth and discerning taste.
