GoKawiilLarry Ellison Spent $10M Buying Homes Near His Florida Compound for Staff
An LLC linked to Oracle co-founder Larry Ellison purchased nine homes in Palm Meadows Estates, a gated community in Boynton Beach, Florida, for nearly $10 million in 2023, according to The Wall Street Journal. The properties, located about 30 minutes from Ellison's $173 million Manalapan estate, house staff including tutors for his young children with wife Jolin. The deal was kept confidential, with even the local real estate agent unaware of the buyer's identity until Ellison toured the homes with bodyguards.
GoKawiil's interpretation of the reporting above, not reported fact.
The purchase reflects a broader pattern among the ultrawealthy of buying housing for domestic staff, a practice private staffing expert Peter Mahler describes as a sound investment that helps recruit talent in expensive housing markets. Keeping staff nearby but in separate homes may let billionaires secure loyal, convenient help while maintaining personal boundaries. The secrecy surrounding such deals also illustrates how the ultrarich structure real estate purchases through LLCs to shield their identities from public scrutiny.
- Larry Ellison's LLC bought nine homes near his Florida compound for nearly $10 million in 2023.
- The homes house staff, including tutors for his young children.
- The purchase highlights a wider trend of wealthy families housing employees close by while preserving anonymity.
Source: entrepreneur.com — Jon Small, 2026-09-30
Published there as: “Why Larry Ellison Spent $10 Million Buying Up Houses for His Kids’ Tutors and Staff”
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