The Buyer of Florida’s Most Expensive Home, a $173 Million Mansion, Has Been Revealed as Oracle’s Larry Ellison
Tech billionaire Jim Clark sold the property a little more than a year after buying it for $94.2 million
BY V.L. HENDRICKSON Follow
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ORIGINALLY PUBLISHED ON JUNE 23, 2022
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MANSION GLOBAL
Tech titan Larry Ellison was the buyer of the most expensive property ever sold in Florida, a 62,200-square-foot megamansion purchased for $173 million.
COMPOSITE: BING MAPS; GETTY IMAGES
Tech titan Larry Ellison was the buyer of the most expensive property ever sold in Florida, a 62,200-square-foot megamansion purchased for $173 million, according to public records released Thursday.
Mr. Ellison, 77, the co-founder of software company Oracle, bought the 16-acre property on a barrier island in Manalapan, just south of Palm Beach, in an off-market deal through a limited-liability company registered to the address of his foundation, public records show.
The seller was another tech billionaire, Jim Clark, the 78-year-old founder of several Silicon Valley companies including Netscape, according to The Wall Street Journal, which reported the sale last week, before information about the final sale price and the buyer were available.
More: This Estate in Palm Springs, California, Was the Longtime Home of Novelist and Producer Sidney Sheldon
Mr. Clark and his wife, Kristy, bought the house last March for $94.2 million, according to records with PropertyShark. Mr. Ellison’s price was about 45% more than what Mr. Clark paid, despite the fact that no major changes were made to the estate.
Blah blah blah… there’s more. Google it.
Tech billionaire Jim Clark sold the property a little more than a year after buying it for $94.2 million
BY V.L. HENDRICKSON Follow
|
ORIGINALLY PUBLISHED ON JUNE 23, 2022
|
MANSION GLOBAL
Tech titan Larry Ellison was the buyer of the most expensive property ever sold in Florida, a 62,200-square-foot megamansion purchased for $173 million.
COMPOSITE: BING MAPS; GETTY IMAGES
Tech titan Larry Ellison was the buyer of the most expensive property ever sold in Florida, a 62,200-square-foot megamansion purchased for $173 million, according to public records released Thursday.
Mr. Ellison, 77, the co-founder of software company Oracle, bought the 16-acre property on a barrier island in Manalapan, just south of Palm Beach, in an off-market deal through a limited-liability company registered to the address of his foundation, public records show.
The seller was another tech billionaire, Jim Clark, the 78-year-old founder of several Silicon Valley companies including Netscape, according to The Wall Street Journal, which reported the sale last week, before information about the final sale price and the buyer were available.
More: This Estate in Palm Springs, California, Was the Longtime Home of Novelist and Producer Sidney Sheldon
Mr. Clark and his wife, Kristy, bought the house last March for $94.2 million, according to records with PropertyShark. Mr. Ellison’s price was about 45% more than what Mr. Clark paid, despite the fact that no major changes were made to the estate.
Blah blah blah… there’s more. Google it.
