After pouring $450 million into Florida real estate, Larry Ellison plans to lure the ultra-rich to an exclusive town just minutes from Mar-a-Lago

Quick Summary:

Ellison bought the aging but glamorous Eau Palm Beach Resort & Spa in August and plans to renovate.

Ellison set a Florida record for the purchase of a $173 million estate spanning 16-acres that includes both beachfront and lakefront property.

Ken Griffin, the founder and CEO of investment firm Citadel, has also spent an estimated $450 million over the years amassing a 25-acre spread in Palm Beach.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Marco Quiroz-Gutierrez

Category: EconomyBusiness

Markets: United States

Topics: Rich people U.S. Politics Oracle RESORTS Billionaires Donald Trump Billionaire Hotels Larry Ellison

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-21 @ 09:13:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 583 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 146 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27211176

View Article Analysis

About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 14 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

Publisher Details

Frequently Asked Questions