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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

Oracle’s co-founder Larry Ellison has splashed on prime property over the years, from mega mansions to islands. Photos: Handout, AP

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.

Oracle co-founder Larry Ellison’s net worth is around US$146 billion, making him the world’s fourth richest person. Photo: @OracleCloud/Twitter
The 79-year-old Ellison, currently the fourth richest person in the world (up from 10 in 2020), has seen his net worth drastically increase to over US$146 billion in recent years, per Forbes.

Here are some of the stand-out properties in Ellison’s ever-increasing portfolio.

Newport, Rhode Island

Larry Ellison bought Beechwood Mansion in Newport and turned it into an art museum. Photo: @privatenewport/Instagram

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.

Lake Tahoe

The Cal Neva resort and casino was owned by Frank Sinatra from 1960 to 1968. Photo: Getty Images

Ellison has owned and sold many mansions in Tahoe, which has been home to stars like Sammy Davis Jr, Frank Sinatra, Cher, Alanis Morissette and Liza Minelli, per Tahoe.com.

He still has a number of properties in Incline Village, Nevada, an upmarket neighbourhood on Lake Tahoe’s north shore, where he is believed to have spent around US$102 million on multiple homes, per Business Insider.

In 2018, he also bought the famous Cal Neva Lodge in Tahoe for US$35.8 million to save it from bankruptcy. As per Ellison’s appreciation for historic properties, the resort and casino was originally co-owned by the late and great Sinatra.

Lanai, Hawaii

American billionaire Larry Ellison’s Four Seasons Lanai in Hawaii is a playground for the rich and famous. Photo: Handout
What does a property mogul with a vast array of mansions get next? Only an entire island, of course. Or 98 per cent, to be exact. Per New York Post, Ellison splashed US$300 million to buy 98 per cent of Hawaii’s Lanai, a secluded island in Maui County, back in 2012, which includes 36,422 hectares (90,000 acres) of land and two Four Seasons resorts. Since then, he has revamped the island’s hotels and started investing in clean energy sources.

Carbon Beach, Malibu

Larry Ellison has around two dozen homes in Malibu, California. Photo: @noburyokanmalibu/Instagram

It’s believed that Ellison owns up to two dozen homes in Malibu, California, including around 10 on Carbon Beach, better known as “Billionaire’s Beach”. Business Insider reports the tech billionaire spent between US$200 million and US$250 million on properties in the area.

Ellison bought a 10th mansion on the strip for US$48 million in 2017 – as a result he now also controls a large portion of the surrounding beachfront. The 7,700 sq ft property includes a tennis court and a swimming pool.

He also owns Japanese concept hotel Nobu Ryokan Malibu, which opened in April 2017, bought the Malibu Racquet Club for US$6.9 million, and dropped another US$38 million on a beachfront mansion owned by film producer Joel Silver.

Woodside, California

Inspired by Japanese imperial design, Ellison’s stunning Woodside estate in sunny California covers 9.3 hectares (23 acres) and features an 8,000 sq ft home, 10 buildings in total, a lake, a teahouse and even a koi pond. He reportedly spent around US$200 million to renovate the property into a Japanese paradise, per Forbes.

San Francisco

One of Larry Ellison’s earliest property investments was in San Francisco. Photo: Handout

Built in 1958 and designed by William Wurster, Ellison’s 10,000 sq ft, five-bedroom home in San Francisco is valued at over US$20 million, per Forbes. It is one of the first properties in Ellison’s portfolio, and he bought it back in 1988 for US$3.9 million.

Porcupine Creek, California

Larry Ellison’s Porcupine Creek estate includes a wellness retreat for the wealthy. Photo: @lilypondluxury/Instagram

Ellison bought the 99.5-hectare (246-acre) Porcupine Creek estate for US$43 million, with the intention of turning it into a six-star resort. The mega property includes an amphitheatre, an 18-hole golf course and a 18,430 sq ft residence. In 2022, Ellison opened the decadent Sensei Porcupine Creek, a picturesque wellness retreat on the estate.

Kyoto, Japan

Beyond the US, Larry Ellison has a historic villa on the grounds of a Buddhist temple in Kyoto, Japan. Photo: Handout

Ellison’s love for turning historic homes into museums extends to Japan’s temples. He bought a historic garden villa located on the grounds of a Zen Buddhist temple that dates back to 1386. The property in Kyoto, Japan was originally listed for a reported US$86 million and is set become a Japanese art museum.

Palm Beach

Last year, Ellison dropped a record-breaking US$173 million on a Florida compound in Manalapan, a wealthy town near Palm Beach. The transaction of the ocean-to-lake estate marked the most expensive residential sale ever in Florida.

The primary residence and various surrounding buildings cover around 85,000 sq ft of living space, with 33 bedrooms and 34 bathrooms. The estate also came complete with a golf practice area, basketball court, tennis court, a freshwater pond, a miniature golf course, bird sanctuary, boat dock and even a butterfly garden, per USA Today.

  • 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