By Marco Quiroz-Gutierrez
Publication Date: 2025-12-22 14:19:00
Larry Ellison, known for his engineering achievements as co-founder and chief technology officer of Oracle, is instead putting his South Florida developer experience to good use by investing millions of dollars in real estate and helping transform an exclusive island town 20 minutes from Mar-a-Lago into a haven for the super-rich.
The fifth richest man in the world started buying real estate in the USA 400 inhabitants The city of Manalapan, Florida, was incorporated in 2022 and has since pumped $450 million into two landmark properties, Bloomberg reported. Ellison set a Florida record with the $173 million purchase of a 16-acre estate that includes both beach and lakefront properties. And in August 2024, according to Bloomberg, he paid $277 million for the city’s largest structure, a hotel with more than 300 rooms, the Eau Palm Beach Resort & Spa.
The hotel stands on the site of the original La Coquille Club, which was reportedly home to the Duke and Duchess of Windsor and members of the Ford and…
