Billionaire Ellison Buys Posh Hotel in Palm Beach Enclave
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Larry Ellison is purchasing a luxury hotel in the same Palm Beach area enclave where he dropped $173 million on a residential compound two years ago.
The Oracle Corp. co-founder bought the Eau Palm Beach Resort & Spa for an undisclosed amount, according to a statement. The resort was sold by the Lewis family, who purchased it in 2003.