Oracle billionaire Larry Ellison has an insane real estate portfolio — take a walk through

nobu ryokan

  • Larry Ellison, Oracle's founder and former CEO, has an extensive real estate portfolio.
  • His holdings include multiple homes in Malibu and Lake Tahoe, as well as mansions in San Francisco and Silicon Valley. 
  • He also owns 98% of the Hawaiian island of Lanai.


Oracle founder Larry Ellison is no stranger to the real estate market — he's been called "the nation's most avid trophy-home buyer" and has all but taken over entire neighborhoods in Malibu and the Lake Tahoe area. 

When asked by CNBC in 2012 why he would buy more homes than he could possibly live in, Ellison referenced his love of art. 

"I'm going to start these art museums that are basically converted homes, and I have one for modern art, and I have one for 19th-century European art, and one for French impressionism," Ellison said to CNBC. "I've got Japanese. I own a home in Kyoto, Japan actually on the temple grounds in Nanzenji that is going to become a Japanese art museum. So, a lot of them are museums." 

Though his 2012 purchase of the Hawaiian island of Lanai has been his largest overall investment by far, he's made a number of blockbuster purchases over the last two decades. 

SEE ALSO: Tech billionaire Larry Ellison just bought a historic Lake Tahoe casino that once belonged to Frank Sinatra

DON'T MISS: These will be the biggest design trends in American homes in 2018

In 1988, Ellison paid $3.9 million for a William Wurster home in San Francisco's swanky Pacific Heights neighborhood, a popular area that's now home to other tech moguls like Mark Pincus, Jony Ive, and Trevor Traina. Several news outlets reported Ellison planned to buy the home next door for $40 million, but the sale never happened.

Source: Curbed SF 

 



His home in Woodside, California, modeled after a 16th-century Japanese emperor's palace, is worth an estimated $70 million. The 23-acre estate took nine years to design and build, and it was completed in 2004.

Source: SF Gate

 



He also owns a historic garden villa in Kyoto, Japan, which was reportedly listed for $86 million, though the price he actually paid is unknown.

Source: SF Gate, Japan Property Central

Pictured: Nanzen-ji Temple, which is right near Ellison's estate



See the rest of the story at Business Insider


from Tech Insider http://ift.tt/1cVOGjb
via Wedding Steel band Hire

Comments