Larry Ellison purchases Eau Palm Beach Resort & Spa

Larry Ellison, the co-founder of Oracle Corp., has purchased the Eau Palm Beach Resort & Spa in Manalapan, adding to his extensive real estate holdings. Ellison, the seventh-richest person in the world, has a net worth exceeding $143 billion.

Larry Ellison's purchase of Eau Palm Beach Resort & Spa

Larry Ellison purchases Eau Palm Beach Resort & Spa in addition to his extensive real estate holdings in South Florida, Malibu, and Lanai. The resort was sold by the Lewis family, who purchased it in 2003. Ellison, the seventh-richest person in the world, plans to invest in upgrades at the resort.

Larry Ellison's Funding of Skydance-Paramount Merger

Larry Ellison and his family are funding the majority of the $8 billion merger between Skydance and Paramount, with RedBird Capital Partners contributing the remaining quarter. The merger aims to transform Paramount into a media and technology company to compete with tech giants like Apple, Amazon, and Netflix.