Recently, billionaire and influencer Larry Ellison stated that he wants to continue living in Hawaii. However, he’s simply not happy enough with selling his $89 million mansion in Flordia. So, as hard as it is to believe, he plans on simply tearing it all down.
Larry Ellison Moves To Hawaii
It all started when Larry Ellison, the co-founder, executive chairman, and chief technology officer (CTO) of Oracle Corporation, sent a letter to all Oracle employees, explaining that he would permanently relocate to Hawaii. For those that don’t know, the billionaire purchased most of the Hawaiian island of Lanai back in 2012 for $300 million. He owns 87,000 of the 90,000 acres of Hawaii’s least accessible island.
Since moving there, Ellison has started two companies: Pulama Lanai and Sensi. Both are wellness brands focused on global food supply, nutrition, and sustainability problems. Meanwhile, he also partnered with the Four Seasons to open Sensei Lānaʻi, one of Hawaii’s most expensive resorts. The billionaire also fell in love with Lanai, moving there in 2020. Now, Ellison is not coming back! “Last year I moved from California to the island of Lana’i and became a resident of the State of Hawaii,” he wrote in the letter. “I love it here and have no plans to move back to Florida, Texas, back to California…or anywhere else.”
However, many could not help but wonder what would become of his 15,000-square-foot home in South Florida, which he purchased a few years ago. The Tuscan-style mansion boasts seven bedrooms, 13-and-a-half bathrooms, a VIP guest suite, a home theater, a wine room, a chef’s kitchen, a swimming pool, and a tennis court. Besides being beautiful from the outside and inside, it’s also the third-largest oceanfront piece of land in Palm Beach County.
Destroying The Mansion
Sadly, it’s the truth; Ellison plans on tearing down the mansion, so no one else can enjoy it. However, that will not stop the community, Seminole Landing, from selling the space for tons of cash! They call it a “once in a generation opportunity to own the third largest oceanfront compound in all of Palm Beach County.” For those interested, the soon-to-be empty plot of land is an “unmatched direct oceanfront compound with over 520 feet of ocean frontage in the ultra-exclusive neighborhood of Seminole Landing. If a buyer is looking for security, this is the place. Seminole is a gated community with 24 hour security and a manned security gate.” So, if you’ve got a few million to spare, you might want to keep an eye on Seminole Landing listings for this beautiful parcel of beachfront property.
Of course, his Palm Beach home is far from Ellison’s only home. Currently, no one knows what will become of his homes in cities like San Francisco, Malibu, Lake Tahoe, Providence, and Tokyo. Will these also end up as nothing more than piles of rubble? Only time will tell!
Sources: The Daily Mail, MSN