PHOTO: Oracle co-founder Larry Ellison has built up quite a property collection down the years. Photo: Reuters
- Property purchases go back decades and stretch far and wide, from Silicon Valley to Japan and Hawaii
Dubbed the “nation’s most avid trophy-home buyer” by The Wall Street Journal, Oracle co-founder Larry Ellison is no stranger to the real estate market.
Ellison is the seventh-richest person in the world, with a net worth of more than US$55 billion, according to Bloomberg’s Billionaires Index. When asked 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,” Ellison told CNBC in 2012. “I have one for modern art, and I have one for 19th-century European art, and one for French impressionism.”
Although his 2012 purchase of the Hawaiian island of Lanai has been his largest single investment, he has made a number of blockbuster purchases over the past two decades in Silicon Valley, Lake Tahoe and Japan.
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