Oracle co-founder Larry Ellison’s billion-dollar property portfolio, from a villa in Kyoto and a Japanese-inspired estate in California, to an island in Hawaii and Frank Sinatra’s Lake Tahoe casino
- Larry Ellison has owned and sold many residences in Lake Tahoe, where stars like Frank Sinatra, Cher, Alanis Morissette and Liza Minelli have lived
- The tech entrepreneur also splurged US$300 million to buy 98 per cent of Hawaii’s Lanai island, which has 2 Four Seasons resorts on it
Known as America’s “most avid trophy-home buyer”, Oracle’s billionaire co-founder Larry Ellison is certainly no stranger to the property market and has consistently invested in it over the years. Snapping up everything from mega mansions and hotels to temples and whole islands, Ellison now owns a property portfolio worth well over US$1 billion.
Here are some of the stand-out properties in Ellison’s ever-increasing portfolio.
Newport, Rhode Island
Ellison owns multiple properties in Newport, but his most prized one is undoubtedly his Beechwood Mansion on Bellevue Avenue. The historic house was originally built in 1851 and occupied by the famous Astor family, once among the richest and most prominent families in the US.
Ellison bought the property for US$10.5 million in 2010 and spent over US$100 million converting it into an art museum since then, according to the Newport Daily News. After the purchase, Ellison also bought three surrounding properties on Newport’s Bellevue Avenue, according to Business Insider.