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After pouring $450 million into Florida real estate, Oracle’s Larry Ellison plans to lure the ultra-rich to an exclusive town 20 minutes from Trump’s Mar-a-Lago

Summary by Fortune
Oracle cofounder Larry Ellison is helping raise the profile of the 400-resident island town of Manalapan, Fla. The multi-billionaire has already made a cumulative $450 million real estate investment in the town, and has taken over its biggest structure, the Eau Palm Beach Resort & Spa, which offers memberships to town property owners without initiation fees or dues. Known for his tech feats as cofounder and chief technology officer of Oracle, in…

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After pouring $450 million into Florida real estate, Oracle’s Larry Ellison plans to lure the ultra-rich to an exclusive town 20 minutes from Trump’s Mar-a-Lago

Oracle cofounder Larry Ellison is helping raise the profile of the 400-resident island town of Manalapan, Fla. The multi-billionaire has already made a cumulative $450 million real estate investment in the town, and has taken over its biggest structure, the Eau Palm Beach Resort & Spa, which offers memberships to town property owners without initiation fees or dues. Known for his tech feats as cofounder and chief technology officer of Oracle, in…

·New York, United States
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After pouring $450 million into Florida real estate, Larry Ellison plans to lure the ultra-rich to an exclusive town just minutes from Mar-a-Lago

Oracle cofounder Larry Ellison is helping raise the profile of the 400-resident island town of Manalapan, Fla. The multi-billionaire has already made a cumulative $450 million real estate investment in the town, and has taken over its biggest structure, the Eau Palm Beach Resort & Spa, which…

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Fortune broke the news in New York, United States on Friday, March 21, 2025.
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