Search

got a tip? call (866) 667 - 2327 OR

E-mail us a tip

Larry Ellison Pays $37 Million For His Ninth Malibu Estate, Take A Peek Inside

larry-ellison-mali1E3ACBB.jpg

By Radar Staff

There goes the beach! Billionaire Larry Ellison has purchased his ninth mansion on a single half-mile long stretch of sand in Malibu, Carbon Beach, appropriately nicknamed Billionaire’s Row.

PHOTOS: Larry Ellison Buys His 9th Malibu Mansion for $37 Million

Records show that it was Ellison who paid $36.9 million for the architecturally stunning oceanfront estate just sold by former Yahoo CEO Terry Semel.

As RadarOnline.com reported, in June, Semel listed his oceanfront estate for $50 million.

PHOTOS: Take A Peek Inside Adrienne Maloof’s Amazing Mansion

The nearly $37 million Ellison paid for the place is pocket change for the mogul. He’s listed by Forbes magazine as the third wealthiest person in the U.S. with an estimated net worth of $41 billion.

Ellison has never said why he’s purchased so many homes so close together  He also owns commercial property in Malibu and has been equally quiet about his plans for some of them.

PHOTOS: Take A Look At Gilbert Arenas’ Amazing Shark Infested Home!

He also has hundreds of millions invested in other residential real estate throughout California and Nevada, and earlier this year bought 98 percent of the 141-acre Hawaiian island of Lanai.

RELATED STORIES:

Sex And The City Author Lists Her Fabulous New York Apartment: Take A Peek Inside!

Reese Witherspoon Lists Her Ojai Home For $10 Million: Take A Peek Inside!


Sarah Jessica Parker & Matthew Broderick List Their NYC Home For $25 Million, Take A Look Inside


Kristen Stewart Buys $4.8 Million Malibu Beach House With Her Mom: Take A Peek Inside

 

blog comments powered by Disqus