Tech billionaire Larry Ellison (he's the CEO of hardware/software firm Oracle) might be trying to buy up all of Malibu. Don't laugh! The man is so property-hungry that last year he bought 98 percent of the Hawaiian island of Lanai. Here in Southern California, he's spent the last decade "buying up the best spots along Malibu's 21 miles of coast," as the LA Times puts it, and has now racked up "nearly two dozen properties" in the city, spending an estimated $200 to $250 million. He owns at least nine houses on Carbon Beach (aka Billionaire's Beach), and there are only about 70 private houses on the stretch. Neighbors says he's "bought houses, kept them up, leased them out, sold some, redone others and fixed one up for use by his children." One real estate agent claims "The unspoiled nature of Malibu is what he loves," but probably that's just a ruse and in a few years he's going to raze Malibu and build a killer robot factory. Anyway, with the help of our pals at PropertyShark, we've mapped as many of Ellison's Malibu properties as we've been able to pin down. Enjoy.
Read More
Mapping 15 of Tech Billionaire Larry Ellison's Malibu Properties
1. House 1
Malibu, CA 90265
Ellison bought his first house on Carbon Beach back in 2002 for $11.750117, according to PropertyShark.
2. House 2
Malibu, CA 90265
He bought Carbon house number two in 2003 for $11.500115.
3. House 3
Malibu, CA 90265
Ellison bought this house just a month after the last one in 2003.
4. House 4
Malibu, CA 90265
This Carbon house was also purchased in 2003, for just a smidge over $10 million.
5. Nobu Malibu
Malibu, CA 90265
Ellison bought the spot that now houses Nobu Malibu in 2004 for $17.600176, along with the neighboring restaurant site.
6. Nobu neighbor
Malibu, CA 90265
Ellison bought this spot with the Nobu property, but there's no tenant yet.
7. House 5
Malibu, CA 90265
Ellison picked up yet another Carbon Beach house in late 2004 for $$17.300173 million.
8. House 6
Malibu, CA 90265
Ellison bought this Carbon house in May 2005 for $11.5 million.
9. House 7
Malibu, CA 90265
Also in May 2005 he bought this house on about 10 acres for $22 million.
10. House 8
Malibu, CA 90265
Ellison paid $12.5 million for this Carbon house in September 2005.
11. Malibu Racquet Club
Malibu, CA 90265
In 2007, Ellison bought the Malibu Racquet Club for $6.9 million; he's upgraded it since the purchase.
12. Casa Malibu Inn
Malibu, CA 90265
There are plans to remodel the Casa Malibu Inn, which Ellison bought "six years ago for $20 million."
13. Racquet Club-adjacent
Malibu, CA 90265
Ellison bought this property on a little under an acre and a half next to the Racquet Club in fall 2011 for $2.765 million.
14. House 10
Malibu, CA 90265
Ellison bought this Michael Graves-designed compound on Carbon from former Yahoo! head Terry Semel last fall. He paid $36.943890 million.
15. House 11
Malibu, CA 90265
And Ellison's most recent Carbon purchase--he bought Jerry Bruckheimer's beach house in December for $18 million.
Loading comments...