Larry Ellison—co-founder of software behemoth Oracle and the sixth wealthiest person in the world according to Forbes magazine—has placed his Tuscan-style North Palm Beach estate on the market for a colossal $145 million. This figure is almost twice the $80 million price he paid for the property back in April of 2021. The listing comes after Business Insider reported that the tech titan broke the record for the most expensive Florida real estate purchase ever recorded with his acquisition of a $173 million estate in Manalapan, Florida, also in Palm Beach county, just about two months ago.
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The estate Ellison is selling is located in Seminole Landing, an ultra-exclusive gated community in Palm Beach. According to the property’s listing, the home is currently South Florida’s “largest oceanfront parcel on the market” with a total of 8.5 acres up for grabs, including a dune and a private beach with over 560 linear feet of ocean frontage. Despite the property’s main house (which, as reported by Wall Street Journal, has seven bedrooms, a home theater, and a wine room), pool, tennis court, and other small buildings, the land still has lots of room for development. The listing even notes that transportation should be a breeze “via helicopter, which can conveniently take-off or land right from the property.”
Ellison has quite the real estate portfolio, with properties all over the country, including 98 percent of the Hawaiian island of Lanai.