Larry Ellison bought 8 Florida homes for household staff
Oracle cofounder Larry Ellison bought homes for his household staff in 2023, purchasing eight houses in a gated Boynton Beach community for nearly $10 million. The Palm Meadows Estates residences sit about 30 minutes from his Manalapan estate and house employees including tutors.
Key Takeaways
- Larry Ellison bought homes totaling nearly $10 million in Palm Meadows Estates in Boynton Beach between May and June 2023.
- An LLC tied to the Oracle cofounder acquired the eight residences for household staff, including tutors for some of his five children.
- The gated 288-home community offers 24-hour security and sits roughly a half-hour from Ellison’s Manalapan estate, Gemini.
- Some neighbors objected to one buyer accumulating so many homes; the HOA later added rules to prevent a repeat.
- Ellison has spent roughly $485 million on Manalapan real estate alone, including Gemini, purchased in 2022 for $173 million.
Why did Larry Ellison buy eight Florida homes?
According to Robb Report, citing the Wall Street Journal, Ellison quietly purchased the properties to house members of his household staff. The arrangement places employees—including tutors—close enough to reach his Manalapan estate quickly without living inside the family residence.
Peter Mahler of Mahler Private Staffing told the Journal that wealthy clients are increasingly providing housing for household employees, especially in expensive markets where nearby affordable housing is hard to find. Practicality and privacy both drive the trend.
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Where are the Boynton Beach properties located?
The houses sit in Palm Meadows Estates, a gated Boynton Beach community of 288 homes with 24-hour security and a clubhouse. Most of the residences measure around 3,000 square feet with three or four bedrooms—far more modest than Ellison’s Manalapan compound.
Property records show an LLC connected to Ellison bought all eight between May and June 2023. Local agent Kimmie Cruz said another broker sought roughly 10 mostly single-story homes in the neighborhood, including some not listed for sale, so she approached owners directly.
The mystery buyer’s identity surfaced when Ellison arrived with bodyguards to tour the properties, Cruz told the Journal. Signed contracts followed soon after.
How did neighbors react to the bulk purchase?
Eight houses under one owner was enough to stir talk in Palm Meadows Estates. Some residents objected to a single buyer accumulating so many properties, the Journal reported.
The homeowners association later introduced rules intended to stop another purchaser from doing the same thing. The episode underscores how even discreet staff housing can reshape a residential street when the scale is this large.
What else does Ellison own in Florida?
Ellison’s Manalapan estate, known as Gemini, was purchased in 2022 for $173 million. He has spent roughly $485 million on real estate in Manalapan alone.
Beyond Florida, his holdings have included nearly the entire Hawaiian island of Lanai, multiple oceanfront properties along Malibu’s Carbon Beach, a Japanese-inspired compound in Woodside, California, homes in Newport, Rhode Island, and the former Porcupine Creek golf estate in Rancho Mirage, which he turned into a wellness resort.
Against that backdrop, the Boynton Beach staff houses stand out less for luxury than for logistics: a nearly $10 million solution to keep household help nearby.