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Larry Ellison Buyer of $173M South Florida Compound

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Larry Ellison and Jim Clark and 2000 South Ocean Boulevard (Getty, Sotheby’s)

Larry Ellison, co-founder of Oracle’s billionaire, paid $ 173 million for Manalapan real estate and set a record for home sales in Florida. Genuine..

Billionaire Netscape co-founder Jim Clark has sold 16 acres of land.Sale of real estate for the former Ziff family Closed last weekClark then told The Wall Street Journal and refused to disclose the buyer.

Records show that Delaware LLC, which shares the address of the Ellison Foundation in Walnut Creek, California, purchased the property. Sources have confirmed that Ellison, the 11th wealthiest person in the world, is the buyer of real estate. Forbes has pegged his net worth to $ 93.7 billion.

Ellison too Paid $ 80 million For North Palm Beach tear down last year.In addition, Ellison owns most of Hawaii Island on Lanai.. According to a recent Bloomberg profile, after buying 98% of the island in 2012, locals say his rule has driven out long-time residents.

The sale of Palm Beach is the current home sale in Florida set up early last year when Tiger Global Management co-founder and partner Scott Schleifer acquired an oceanfront mansion at 535 North County Road in Palm Beach. It exceeds the record of. $ 122.7 million..

Clark paid Only $ 94 million For Manalapan Real Estate in March 2021. The Ziffs have owned it for decades and at some point listed it for $ 200 million.

Lawrence A. Mornes Associates Lawrence Mornes mediated both sides of the latest deal. He did not respond to requests for comment.

Over 30 bedroom complexes, 1,200 feet across the Atlantic and 1,300 feet along Lakeworth, connect via tunnels, including a furnished tunnel beneath South Ocean Boulevard with a 15-foot wide gallery. doing. The accommodation features recreational amenities such as a 12-bedroom main house, two 4-bedroom beachside cottages, a 7-bedroom mango house, a staff house, a swimming pool, a golf area, a tennis court, and a half-basketball court. ..

Last year, Clark sold another property to 120 Jungle Road in Palm Beach. $ 30.1 million.. According to Forbes, Clark is worth about $ 2.8 billion.

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