Billionaire Larry Ellison buys Florida resort. Here's a look at his other hotels (2024)

Multi-billionaire Larry Ellison, who made his fortune in the software industry by co-founding Oracle, also has dipped his hands into the hospitality industry with the purchase of several resort and hotel properties in Hawaii, California and Nevada.

His most recent hotel buy was a Florida whopper. In early August, he paid a recorded $277.4 million for the 300-plus-room, Eau Palm Beach Resort & Spa in Manalapan, a luxury beachfront property in the wealthy town south of Palm Beach.

A few days after the deed for the hotel was recorded Aug. 13, Ellison’s wealth was estimated by Forbes to be around $170 billion, making him the fifth-richest person on the planet.

The 8-acre Eau resort and hotel at 100 S. Ocean Blvd. features two swimming pools, a 42,000-square-foot spa, 32,000 square feet of meeting space and several restaurants.

Billionaire Larry Ellison buys Florida resort. Here's a look at his other hotels (2)

Ellison, who also owns the largest residential estate in Manalapan, bought the Mediterranean-style resort from the London-based Lewis Trust Group.

Here’s a look at some of the other resort and hotel properties owned by Ellison.

Sensei Lanai, a Four Seasons resortin Hawaii

Billionaire Larry Ellison buys Florida resort. Here's a look at his other hotels (3)

During the COVID-19 health crisis, Ellison moved from San Francisco to Hawaii to weather the pandemic, joining the burgeoning work-from-home trend.

“I’ve moved to the state of Hawaii and I’ll be using the power of Zoom to work from the island of Lanai,” he told his employees in December 2020 — and signed off on his email: “Mahalo.”

He already had a home in the Pineapple State. In 2012, he bought 98% of the island of Lanai near Maui. Lanai has the distinction of being the smallest inhabited island in Hawaii.There, the billionaire has createdan ultra-luxe destination for visitors — Sensei Lanai, a Four Seasons resort.

The adult-only property was designed to offer anatmosphere that would promote health and wellness through specialized activities, a world-class spa and dining, including Nobu, part of Chef Nobu Matsuhisa's international chain of award-winning restaurants, the resort’s website says.

Guests can experience “a personalized journey featuring wellness consultations, spa treatments in a private hale, fitness and well-being classes, lectures and exciting island activities,” according to the website.

The programs are guided by what the resort calls “The Sensei Way,” developed in part with Dr. David Agus and other health experts to focus on three “paths that help you get familiar with and maintain a conversation with your body and mind: movement, nourishment and rest.”

Rates for the lowest priced, double-occupancy guest rooms for September 2024 range from $980 to $1,535 per night, and included airfare from Honolulu to Lanai.

Four Seasons Resort Lanai, Hawaii

Billionaire Larry Ellison buys Florida resort. Here's a look at his other hotels (4)

Also on Lanai, Ellison owns the Four Seasons Resort Lanai,which is promoted as a five-star, five-diamond property on the island’s southeastern coast.

“Spend your days lounging by our lagoon-style pools, strolling our botanical gardens (and) reconnecting body and spirit at Hawanawana Spa, the resort’s website says.

“From the rugged uplands to the aquatic sanctuary of Hulopoe Bay, the opportunities for adventure — and relaxation — are endless."

As at Sensei Lanai, Nobu restaurant also has a location at the Four Seasons Resort Lanai.

For golfers, the resort has a course built on lava outcroppings and designed by Jack Nicklaus. The course "features three holes perched on cliffs, enlisting the Pacific Ocean as a water hazard.”

Rates for the lowest priced, double-occupancy guest rooms for September 2024 range from $1,421 to $2,659 per night (with a variety of perks, including airfare from Honolulu to Lanai.)

Sensei Porcupine Creek resort, California

Billionaire Larry Ellison buys Florida resort. Here's a look at his other hotels (5)

Patterned after Ellison’s Sensei Lanai, the Sensei Porcupine Creek resort is promoted as a “desert oasis,” with its setting among 230 acres inthe foothills of the Santa Rosa Mountains near Palm Springs.

“The mountain range, part of a nationally protected monument in the Coachella Valley, rises dramatically on the horizon,” the resort’s website says, “creating a tranquil backdrop” for the property.

The adults-only resort was once a private Rancho Mirage estate. It now offers wellness retreats with golf and tennis facilities, well-appointed accommodations and spa gardens. The enclave is tucked between the Santa Rosa and San Jacinto mountains.

For dining, Sensei by Nobu isopen only to resort guests.

Rates for the lowest-priced guest rooms for September 2024 range from $1,050 to $1,650 per night.

Nobu Ryokan Malibu, California

Billionaire Larry Ellison buys Florida resort. Here's a look at his other hotels (6)

Billed as “Malibu’s most secluded hideaway,” Nobu Ryokan sits on the shores of Carbon Beach overlooking the Pacific Ocean.

The architecture and service nod at traditional Japanese-style inns “with coastal California nuances,” according to the property’s website.The Nobu restaurant affords views of the Pacific from its outdoor dining area.

The adults-only resort’s 16 rooms and suitesoffer “low-key comfort and high-end indulgence where the luxuries of exclusivity and privacy are foremost.”

Nightly rates start at $2,000 with a two-night minimum.

Nobu Hotel Palo Alto, California

In downtown Palo Alto at the heart of Silicon Valley, Nobu Hotel Palo Alto recently underwent a refurbishment that included all of the guest rooms and suites as well as fully refreshed public spaces, according to its website.

“The intimate feel of the hotel creates a comfortable work space, gathering venue, or quiet space to relax and recharge. For the leisure guest the access to outdoor activities is abundant; from cycling through the foothills of the Bay Area to sampling wine at the local vineyards,” the website says.

The hotel has a Nobu restaurant on site.

Rates for the lowest priced double-occupancy guest rooms for September 2024 range from $421 to $711 per night.

Hyatt Regency Lake Tahoe, Spa and Casino, Nevada

North Lake Tahoe provides a scenic backdrop for the Hyatt Regency Lake Tahoe, Spa and Casino.

“Explore Incline Village’s winding trails, book a service at our on-site spa, chase fun at the casino and dine at our award-winning restaurants,” the resort’s website says.

Dining options include Eagle Grille, Cutthroat’s Saloon and Osteria Sierra.

In the Sierra Nevada mountains, the resort offers traditional guest rooms and higher-end suites. There also are private waterfront cottages, with fireplaces, kitchenettes, furnished patios and unobstructed views of the lake.

Rates for the lowest-priced, double-occupancy guest rooms for October 2024 ranged from $301 to $436 per night.

Darrell Hofheinz is aUSA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tipsabout real estate news on the island. Email dhofheinz@pbdailynews.com, call 561-820-3831 or tweet @PBDN_Hofheinz. Subscribe todaytosupport our journalism.

Billionaire Larry Ellison buys Florida resort. Here's a look at his other hotels (2024)

FAQs

What does Larry Ellison own? ›

Ellison owns stakes in Salesforce.com, NetSuite, Quark Biotechnology Inc. and Astex Pharmaceuticals.

How much is Larry Ellison worth? ›

Where is Larry Ellison house? ›

Where's Larry Ellison from and where does he live? A native New Yorker from The Bronx, Ellison has lived in the Chicago area and California. But he has said his primary home is on the island of Lanai in Hawaii. He reportedly paid $300 million for almost all of that island 10 years ago.

How did Larry Ellison get so rich? ›

Ellison's wealth jumped $14 billion after record earnings from Oracle. Oracle's cloud applications business saw its shares spike by 13% in June 2024 after the company posted strong annual earnings due to demand for generative AI, Fortune reported.

Who is the richest man in Hawaii? ›

EBay founder Pierre Omidya is worth approximately $6.3 million, making him the richest person from Hawaii.

Who owns the biggest house in Florida? ›

Versailles is a 90,000-square-foot (8,400 m2) house belonging to Westgate Resorts founder David Siegel and his wife Jackie. It is under construction at 6121 Kirkstone Lane, Windermere, Florida, in the gated community of Lake Butler Sound in Orange County, Florida, United States.

Where is the most expensive home in Florida? ›

The home in Port Royal. “There is nothing like it, anywhere.” That's the first line describing a home (if you can call it that) listed for $295 million in Naples, Fla. It's the most expensive home for sale in the country, according to the Wall Street Journal.

Who owns the most expensive house in the world? ›

Currently, Buckingham Palace in London holds the title of the world's most expensive house. This historic property, over 200 years old, is owned by King Charles III following the passing of Queen Elizabeth II and is not for sale.

Does Larry Ellison own a yacht? ›

Oracle founder Larry Ellison has owned several superyachts over the years, including the Katana, the Ronin, and the Rising Sun — which he sold to fellow billionaire David Geffen. He purchased his current boat, Musashi, in 2011 for a reported $160 million from custom-yacht giant Feadship.

Does Larry Ellison own a sports team? ›

Oracle CEO Larry Ellison Can't Buy A Sports Team, Settles For Owning Part Of Hawaii - SB Nation Bay Area.

Who owns most of Molokai? ›

In September 2017 the company that owns Molokai Ranch, Singapore-based Guoco Leisure Ltd, put this 55,575 acres (22,490 ha) property, encompassing 35% of the island of Molokai, on the market for $260 million. Due to the fight against development and tourism, Molokai has Hawaii's highest unemployment rate.

Does Larry Ellison own Nobu? ›

The property fell into bankruptcy after closing in 2013, and Ellison's hotel group has since been trying to reposition it under the Nobu Hospitality Group flag. Nobu also operates the Nobu Palo Alto Hotel, formerly the Epiphany, owned by Ellison.

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