Larry Ellison revealed as buyer of record-breaking $173M Florida property

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Tech titan Larry Ellison is reportedly the consumer of a history breaking $173 million Florida home — the Sunshine State’s priciest sale in historical past.

The Oracle founder picked up the estate from fellow tech billionaire Jim Clark, who snatched the 63,000-square-foot compound for a relative music at $94 million just last year, the Palm Seaside Every day Information claimed.

The transaction pulverized the past report paid for a Florida household, a $140 million sale of a Palm Beach front unfold when owned by former President Donald Trump to a thriller buyer in February of 2021.

The latest mammoth transfer provides an additional jaw-dropping jewel to Ellison’s actual estate portfolio.

Ellison signed over $300 million for 90 acres on the Hawaiian island of Lanai that at the moment serves as his household base. The mogul also boasts a choice of households throughout California, together with a dozen spreads in Malibu.

Ellison currently ranks 11th-richest man or woman in the entire world with a web worth of about $83 billion, in accordance to Bloomberg.

Oracle founder Larry Ellison also owns house on the Hawaiian island of Lanai and California.
Chris Pizzello/Invision/AP

Clark, the founder of Netscape, sought to unload the Manalapan estate soon after selecting to invest most of his time back again in New York soon after building the “spur of the second obtain,” according to the Wall Avenue Journal.

The compound, located near Palm Seashore, offers 1,200 ft of oceanfront and a total of 30 bedrooms across many structures.

The property also has a private dock and a 3-hole golf course.

Billionaires have piled into South Florida in the latest several years, with large identify buyers jostling to protected coveted households from Miami Beach front to Palm Beach.

An elite pool of real estate players, which include previous casino magnate Steve Wynn, have also manufactured windfalls in latest many years by flipping homes amid Florida’s scorching market.

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