Larry Ellison Invests $450 Million in Florida Properties Near Mar-a-Lago Estate

Larry Ellison, Oracle's CEO with a net worth of $194.8 billion, has invested $450 million in Florida real estate near former President Trump's Mar-a-Lago estate. His acquisitions include a 16-acre $173 million estate and the historic Eau Palm Beach Resort Spa, purchased for over $270 million. Ellison's investments have contributed to the area's appeal among billionaires, with Manalapan becoming a notable hotspot for luxury properties. He is also a major investor in Paramount Pictures, recently involved in a significant Warner Bros. deal.