Larry Ellison bought homes near his Florida mansion, quite purchase made residents upset
AI Summary
Larry Ellison reportedly bought eight homes in Palm Meadows Estates, Florida, for nearly $10 million to house household staff and private educators. The purchases have upset some residents and prompted the homeowners association to impose new ownership restrictions.
Larry Ellison has purchased eight residential properties in Palm Meadows Estates, Florida, for his household staff. These properties, costing nearly $10 million, are located conveniently near his main estate. Residents expressed concerns over the clustering of properties under a single corporate owner, prompting new ownership restrictions by the homeowners association. The homes will accommodate domestic employees and private educators for his children.