By Kelsi Karruli
All about the Oracle CTO’s $793 million property portfolio
Oracle CTO Larry Ellison’s extraordinary net worth has officially surpassed that of Meta (META) founder Mark Zuckerberg-propelling him to the No. 2 spot on the list of the world’s richest people.
The 80-year-old businessman, who is originally from New York City, now boasts an estimated fortune of $251.2 billion, according to the Bloomberg Billionaires Index, having gained an extraordinary $59 billion since July 2024.
These gains have now helped him to overtake Zuckerberg, 41, in the list of so-called “super billionaires” for the very first time-although his estimated fortune is still a way off from that of Tesla (TSLA) founder Elon Musk, who has sat at the top of the list for several years.
The majority of Ellison’s worth comes from his 40% stake in his database company, Oracle (ORCL), which he launched in 1977.
According to the Wall Street Journal, the company’s stock price has doubled in the past two years, growth that is largely attributed to the AI boom, which has helped to drive serious business to Oracle since 2023-as well as ample financial assets into Ellison’s back pocket.
Ellison’s ascent to the second spot on the Billionaires Index, which is updated daily at the close of trading in New York, was also helped by a $3.59 billion drop in Zuckerberg’s personal fortune on July 15-although he still boasts a $43.4 billion year-to-date growth.
Both men are being followed closely in the rankings by newlywed Amazon (AMZN) founder Jeff Bezos, who put his $247 billion fortune on full display during his recent wedding to Lauren Sanchez.
They also have another very key thing in common when it comes to their personal fortunes: prioritizing real estate as a major investment.
Over the years, Ellison and Zuckerberg have each funneled hundreds of millions of dollars into building up their respective property portfolios, amassing residences in multiple locations across the globe.
Both businessmen are known to use LLCs and trusts to keep the exact details of their property holdings as private as possible-however, they are known to each own multiple dwellings between them in the U.S. alone, with Ellison also snapping up several commercial properties along the way.
Larry Ellison: $793 million property portfolio
Ellison is no slouch in the real estate department. He’s said to own multiple homes in idyllic beach towns, from Malibu to Lanai.
Malibu, Calif.
Ellison has become known as a “Malibu real estate mogul,” buying his first Carbon Beach property back in 2002.
In 2018, he made headlines with the purchase of Hollywood producer Joel Silver’s Malibu beach house for $38 million.
In addition, he has reportedly amassed 11 other properties in the coastal city. He also is said to have paid $20 million for the Casa Malibu Inn in 2007, 10 years before he snapped up another oceanfront estate for a reported $48 million.
In total, his real estate holdings in the waterfront community are said to be worth upward of $180 million.
Lanai, Hawaii
This serene island in Hawaii reportedly has no traffic lights. But it does have some swanky resorts and one high-profile resident: In 2012, Ellison bought the two hotels as well as the land holdings that amount to 98 percent of the island for a reported $300 million.
His purchase included “87,000 of the island’s 90,000 acres of land.”
The tech mogul has since updated the hotels and added improvements to the island, such as some farming operations, with an eye toward turning the island into a sustainable mecca.
Lanai has beautiful beaches, a Jack Nicklaus-designed golf course and dining and resort amenities in the high-end hotels.
North Palm Beach, Fla.
In the Sunshine State, Ellison has also made his mark. In April 2021, Ellison paid $80 million for a premium waterfront estate with the intention of tearing it down. However, over a year later, he still had not razed the home. Instead, he tested the market with an ask of $145 million for his property in Seminole Beach Estate.
However, the listing never appeared to have led to a deal, and that property was later taken off the market.
Ellison’s property is the third-largest oceanfront parcel in Palm Beach County. It sits in a gated community with 24/7 security.
At 7.35 acres, the parcel is one of only a handful of properties in the state that can accommodate a private helipad. The property comes with 520 feet of ocean frontage.
In 2022, the entrepreneur made another splashy purchase: The wheeler dealer dropped a record-setting $173 million on another Florida property south of Palm Beach, in Manalapan.
Newport, R.I.
The buyer’s appetite for the beach also brought him to a historic enclave of Newport, RI, where he’s said to own four properties in the area, including the Astors’ former mansion, which he apparently purchased for $10.5 million in January 2010.
He is said to have spent an astonishing $100 million to renovate it for a planned Beechwood Art Museum.
San Francisco
The San Francisco Bay Area resident has apparently also had a long-time home in San Francisco’s Pacific Heights neighborhood. He picked up the William Wurster-designed mansion in 1988, paying a reported $3.9 million for the home, which is valued at over $9 million today.
Built in 1958, the over 10,000-square-foot layout includes five bedroom and six baths.
Years later, in 2011, he apparently picked up the home next door for a reported $40 million.
Mark Zuckerberg: $289 million property portfolio
Zuckerberg has splashed out a considerable amount of money on his real estate empire. The Facebook co-founder owns pricey properties in Palo Alto, Calif.; Lake Tahoe, Calif.; and Hawaii.
Palo Alto, Calif.
The site of the beginnings of social media platform Facebook, Palo Alto also is where the tech entrepreneur put down roots. In 2011, he picked up his first home there-a $7 million residence in the Crescent Park neighborhood.
Built in 1903, the restored space offers 5,617 square feet, wood floors, a saltwater pool, banquet-size dining room, glassed-in sunroom, five bedrooms, and five bathrooms.
It wouldn’t be his last: After Zuckerberg’s marriage to Priscilla Chan in 2012, the two invested in four more surrounding homes, for a total of $30 million, according to Architectural Digest.
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Lake Tahoe, Calif.
The Chan-Zuckerbergs have spent years vacationing on the shores of Lake Tahoe and, in 2018 and 2019, the tech mogul snapped up two properties in the area for a combined $59 million.
One of the homes, known as the Carousel Estate, has already been razed, and plans are reportedly in place for a sprawling compound of nearly 10 acres. The plans include a “20,000-square-foot, 35-foot-tall main residence with a timber and glass facade,” along with “a new bunkhouse, a gym, a gatehouse, multiple guesthouses, and offices,” according to Forbes.
The compound will include nature trails, walkways, and additional development.
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Kauai, HI
If the family really wants to get away, they can head to their spread on the Hawaii island of Kauai.
In 2014, the Chan Zuckerbergs reportedly shelled out $100 million for two huge tracts of land on Kauai’s North Shore, creating a 700-acre spread for family getaways.
The land has 2,500 feet of ocean frontage as well as a working organic farm. The couple made plans to build a 6,100-square-foot, two-bedroom residence on the property, along with a 16-bay garage complex and a “ranch administration building” that includes keycard-protected offices and security headquarters.
But the land grab continued. In 2021, Zuckerberg and Chan purchased a reported 595.4 acres for $53 million from the nonprofit Waioli Corporation. This property is adjacent to the land bought in 2014. That same year, they scooped up another 110 acres for $17 million.
The land reportedly includes a former sugar planation and the Ka Loko reservoir.
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Washington, D.C.
Zuckerberg’s most recent property purchase was a $23 million property in Washington, D.C., which he quietly snapped up in an all-cash deal in March.
The five-bedroom, 7.5-bathroom dwelling, which spans 15,000 square feet and is located in the tony neighborhood of Woodland Normanstone, hit the market on March 3 and sold for its exact asking price just one day later.
It is thought that, while the property’s listing and sale were made public via the MLS, the deal was conducted privately, given the quick turnaround of the purchase.
Of course, owning a home in D.C. offers another advantage to those within President Trump’s pool of high-profile supporters: proximity to the White House.
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Despite openly criticizing Trump during his first term, Zuckerberg has done an about-face since the president won the 2024 election against Democratic candidate Kamala Harris, offering very public support to the Republican, even donating $1 million to his inaugural fund.
His purchase of the $23 million D.C. mansion came just three weeks before his latest visit to the White House on April 2, when he lobbied President Trump and his aides to settle the Federal Trade Commission’s antitrust case against Meta-which is due to go to trial on April 14.
This story originally ran on Realtor.com.
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