Larry Ellison, eccentric Billionaire Businessman and renaissance man, Larry Ellison purchased this property on May 12, 2005 for $22M, according to public records.
Actress and songwriter Linda Foster lived here with her sons, "The Princes of Malibu" (and David Foster). Their father is Caitlyn Jenner (nee Bruce Jenner). This home was featured on "MTV Cribs" and was ranked as one of their priciest of all-time.
Lawrence “Larry” Ellison is an American business magnate , investor, and philanthropist who is a co-founder and the executive chairman and chief technology officer (CTO) of Oracle Corporation. As of October 2019, he was listed by Forbes magazine as the fourth-wealthiest person in the United States and as the sixth-wealthiest in the world, with a fortune of $69.1 billion, increased from $54.5 billion in 2018.
For a while, Ellison owned the 12th largest yacht in the world, named Rising Sun. He sold his remaining shares in the yacht to music and film mogul David Geffen in 2010. The Rising Sun is 453 feet (138 metres) long, and reportedly cost over $200 million to build. The always modest Ellison downsized to Musashi, a 288-foot (88-metre) yacht built by Feadship. Ellison is also a well accomplished pilot and owns at least two military jets: a SIAI-Marchetti S.211, a training aircraft designed in Italy, and a decommissioned MiG-29, which the US government has refused him permission to import.
In 2013, according to the Wall Street Journal, Ellison earned $94.6 million. On September 18, 2014, Ellison appointed Mark Hurd to CEO of Oracle from his former position as President; Safra Catz was also made CEO, moving from her former role as CFO. Ellison assumed the positions of chief technology officer and executive chairman. Where he continues to work. In November 2016, Oracle bought NetSuite for $9.3 billion. Ellison owned 35% of NetSuite at the time of the purchase making him $3.5 billion personally. In December 2018, Ellison also became a director on the board of Tesla, Inc.
By tlp333 @ 2007-09-01 04:24:21