Billionaire & Oracle Founder Larry Ellison with $150 Billion Fortune Buys Luxury Palm Beach Florida Oceanfront Resort for $277 Million from UK Lewis Family Lewis Trust Group Who Bought the Property for $67.5 Million in 2003, Eau Palm Beach Resort & Spa Has 309 Rooms
16th August | Hong Kong
Billionaire & Oracle founder Larry Ellison with $150 billion fortune has bought a luxury Palm Beach Florida (United States) oceanfront resort (Eau Palm Beach Resort & Spa) for $277 million from the UK Lewis family Lewis Trust Group, who bought the property for $67.5 million in 2003. Eau Palm Beach Resort & Spa has 309 rooms. Larry Ellison is the co-founder of Oracle (1977), which is one of the world’s largest software company with more than $42 billion revenue. Lawrence Investments is the family office of Larry Ellison, co-founder of Oracle (1977, Officially Oracle Systems Corporation in 1983). Lawrence Investments manages more than $110 billion of family assets through the Ellison Trust (Lawrence J. Ellison Revocable Trust U/D/D 12/8/95), and other holding vehicles including Mollusk Holdings, Cephalopod, Larry Ellison Foundation & Ellison Medical Foundation. Larry Ellison is the sole beneficiary and a co-trustee of the Ellison Trust, and Philip B. Simon is co-trustee of the Ellison Trust. The Ellison Trust was formed to hold the assets & estate of Larry Ellison. Larry Ellison has an estimated fortune of $130 billion. Oracle has a market capitalization of $290 billion (19/12/23), with Larry Ellison owning 41.82% (19/12/23: $132 billion). Larry Ellison also owns around 1.4% ($11 billion) of Tesla with market capitalization of $789 billion (19/12/23), and invested $1 billion (Lawrence J. Ellison Revocable Trust U/D/D 12/8/95) in 2022 to fund Elon Musk $44 billion acquisition of Twitter (X). Larry Ellison had been married & divorced 4 times (Adda Quinn, Nancy Wheeler Jenkins, Barbara Boothe, Melanie Craft), and has 2 children (David Ellison & Megan Ellison) with Barbara Boothe. Larry Ellison had signed the “Giving Pledge”, where billionaires pledge to give majority of their wealth to philanthropy or charitable causes during their lifetimes or in their wills.
“ Billionaire & Oracle Founder Larry Ellison with $150 Billion Fortune Buys Luxury Palm Beach Florida Oceanfront Resort for $277 Million from UK Lewis Family Lewis Trust Group Who Bought the Property for $67.5 Million in 2003, Eau Palm Beach Resort & Spa Has 309 Rooms “
Larry Ellison is the co-founder of Oracle (1977), which is one of the world’s largest software company with more than $42 billion revenue. Lawrence Investments is the family office of Larry Ellison, co-founder of Oracle (1977, Officially Oracle Systems Corporation in 1983). Lawrence Investments manages more than $110 billion of family assets through the Ellison Trust (Lawrence J. Ellison Revocable Trust U/D/D 12/8/95), and other holding vehicles including Mollusk Holdings, Cephalopod, Larry Ellison Foundation & Ellison Medical Foundation. Larry Ellison is the sole beneficiary and a co-trustee of the Ellison Trust, and Philip B. Simon is co-trustee of the Ellison Trust. The Ellison Trust was formed to hold the assets & estate of Larry Ellison. Larry Ellison has an estimated fortune of $130 billion. Oracle has a market capitalization of $290 billion (19/12/23), with Larry Ellison owning 41.82% (19/12/23: $132 billion). Larry Ellison also owns around 1.4% ($11 billion) of Tesla with market capitalization of $789 billion (19/12/23), and invested $1 billion (Lawrence J. Ellison Revocable Trust U/D/D 12/8/95) in 2022 to fund Elon Musk $44 billion acquisition of Twitter (X). Larry Ellison had been married & divorced 4 times (Adda Quinn, Nancy Wheeler Jenkins, Barbara Boothe, Melanie Craft), and has 2 children (David Ellison & Megan Ellison) with Barbara Boothe. Larry Ellison had signed the “Giving Pledge”, where billionaires pledge to give majority of their wealth to philanthropy or charitable causes during their lifetimes or in their wills.
Billionaire & Oracle Founder Larry Ellison with $150 Billion Fortune Buys Luxury Palm Beach Florida Oceanfront Resort for $277 Million from UK Lewis Family Lewis Trust Group Who Bought the Property for $67.5 Million in 2003, Eau Palm Beach Resort & Spa Has 309 Rooms
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