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.
Key Points
- Ellison's extensive real estate holdings
- Eau Palm Beach Resort & Spa sold by the Lewis family
- Ellison's plans to invest in upgrades at the resort
Pros
- Enhancement of luxury hospitality experience
- Investment in upgrades for the resort
Cons
- Undisclosed purchase amount