Tech Titan Larry Ellison Sets Up Palm Beach Residence Near Mar-a-Lago

Billionaire tech mogul Larry Ellison has reportedly established his official residence at a sprawling estate in Manalapan, Florida. The move places the Oracle co-founder in close proximity to former President Donald Trump’s Mar-a-Lago resort, signaling a significant shift in his primary domicile from his long-held Hawaiian base.

Key Takeaways

• Larry Ellison has officially changed his residence to Palm Beach, Florida.
• His new estate is located in Manalapan, near Donald Trump’s Mar-a-Lago.
• This marks a departure from his previous primary residence in Hawaii.

A New Florida Base

Ellison’s new Florida home is a significant property, acquired for a reported $173 million. The estate, known as "The Sanctuary," boasts extensive grounds and luxurious amenities, fitting for a figure of Ellison’s stature. This acquisition and subsequent establishment of residency underscore a growing trend of high-profile individuals relocating to Florida, attracted by its favorable tax climate and lifestyle.

Proximity to Political Power

The choice of Manalapan places Ellison’s estate just a short distance from Mar-a-Lago, the winter White House under the Trump administration. While the article does not suggest any direct political motivations for the move, the geographical proximity to a prominent political figure is noteworthy. Ellison has previously shown support for Donald Trump, making the location a potentially interesting, though unconfirmed, factor.

Shifting Domicile

For years, Ellison’s primary residence was associated with his vast holdings on the island of Lanai in Hawaii. The shift to Florida represents a substantial change in his personal geography. This move is likely influenced by a combination of factors, including business interests, personal preferences, and the financial advantages offered by Florida.