Owning ten homes on “Billionaire’s Beach” is such an expensive feat that you might expect Ellison to skimp when it comes to the house itself, but it’s not so: He reportedly dropped $48 million to acquire the five-bedroom, 7,700-square-foot house designed by Getty Center architect Richard Meier. Meier originally completed the home in 1986 for Lissette Ackerberg, widow of late real estate developer Norman Ackerberg, but she sold and vacated the property following the protracted legal battle over a public access point to the adjacent beach. The case didn’t go her way, and in 2013 she was required to install the public access pathway (which was finally completed in 2015), and now the house belongs to Ellison. The architecturally prestigious home also comes with an onsite tennis court and swimming pool. Here’s a bit of additional info on the house, courtesy of the architect’s own website: So one of the most expensive Ls of all time is now Larry Ellison’s. Hopefully he has some kind of strategy for not accidentally walking into the wrong house, given that he now owns ten of them along the same extremely pricey stretch of beach.
