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Larry Ellison Bought 8 Homes in a Gated Florida Community for His Household Staff
The homes were bought through limited liability companies and some never reached the open market, according to property records.
- In 2023, Oracle co-founder Larry Ellison quietly purchased eight homes in Palm Meadows Estates, Boynton Beach, for nearly $10 million to house household staff and tutors for his five children.
- The acquisition allows Ellison's household employees to reside about 30 minutes from his primary Manalapan estate, Gemini, balancing staff proximity with privacy—a practice common among the ultra-wealthy.
- Local agent Kimmie Cruz facilitated the deals through limited liability companies, obscuring the buyer's identity until Ellison arrived to tour properties; neighbors had speculated the mystery buyer was Mark Zuckerberg or Elon Musk.
- Residents of Palm Meadows Estates objected to the bulk property accumulation, prompting the homeowners association to implement new rules intended to prevent future buyers from purchasing large clusters of homes.
- This Boynton Beach investment is a small fraction of Ellison's sprawling collection, which includes over $450 million in Manalapan and properties across California, Hawaii, and Rhode Island, valued at approximately $2.9 billion globally.
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Oracle Co-Founder Larry Ellison Bought Eight Florida Homes for Staff, Report Says
BOYNTON BEACH, Fla. (VINnews) — Oracle co-founder Larry Ellison quietly bought eight houses in a gated community near his Palm Beach County compound, spending nearly $10 million on properties used by household staff, including tutors for his children, according to a Wall Street Journal report. The purchases were made in Palm Meadows Estates in Boynton […]
New Billionaire Strategy: Buying Homes for Staffers
Neighbors in a quiet Florida subdivision spent months guessing which tech titan was southdenly snapping up houses on their block. The Wall Street Journal reports it wasn't Mark Zuckerberg or Elon Musk, as locals speculated, but Oracle co-funder Larry Ellison—who quietly bought up homes in Boynton Beach's Palm Meadows...
·Miami, United States
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Coverage Details
Total News Sources13
Leaning Left3Leaning Right4Center1Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 38%
12%
R 50%
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