[ad_1]
Paige Leskin, provided by
published
Fred Prouser / REUTERS, Barbara Kraft
Nicknamed the "biggest buyer of trophies in the country" by the Wall Street Journal, Oracle's 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 $ 55 billion, according to the Bloomberg billionaires index. When asked in 2012 why he would buy more homes than he could possibly live on, Ellison mentioned his love for the art.
"I'm going to start these art museums that are basically converted homes" Ellison "I have one for modern art, one for nineteenth century European art and one for French impressionism."
Although his 2012 purchase of the Hawaiian island of Lanai was by far his most important investment, he has made a number of blockbusters purchases over the last two decades in Silicon Valley, the Lake Tahoe and even Japan.
Here are all the houses and properties belonging to the co-founder of Oracle:
Ellison bought this $ 3.9 million home in upscale Pacific Heights in San Francisco in 1988.
Google Maps
Ellison owns a 10,000-square-foot mansion, designed by architect William Wurster, with four levels and five bedrooms. The Pacific Heights neighborhood is known as "Billionaire's Row", which is also home to other tech moguls, such as Zynga's founder, Mark Pincus, Apple designer, Jony Ive, and Yelp CEO Jeremy Stoppelman.
According to several media, Ellison planned to buy the house next door for 40 million dollars to be able to cut down the trees of his neighbor, blocking the view of his house. However, the sale did not take place.
His 23-acre estate located in Woodside, California, is inspired by a 16th century Japanese imperial palace.
Bing Maps
Ellison bought the property for the first time in 1995 for $ 12 million. It would have taken nine years and $ 200 million to design and renovate Woodside House, and complete it in 2004.
Ellison also already owned an equestrian complex, not far from his Woodside estate, which he had purchased for $ 23 million in 2005. However, he put the property up for sale in 2011.
Alain Pinel Realtors
Ellison took a mark for the estate, which he listed at $ 19 million. The two-part property covered nearly seven hectares and included a horse barn, a beach volleyball court and a swimming pool.
See the rest of the story at Business Insider
See also:
SEE ALSO: Jeff Bezos is one of the few American billionaires not to have signed the Giving Pledge. Here's what the CEO of Amazon has given to a charity.
Source link
