Larry Ellison to list Palm Beach property for $165 million

Billionaire tech mogul Larry Ellison is selling his Palm Beach property, the third-largest oceanfront parcel in Florida’s Palm Beach County, for an asking price of $165 million. This move highlights the ongoing trend of high-profile tech entrepreneurs divesting from their lavish estates, likely driven by a desire for more liquidity or a shift in lifestyle priorities. With such hefty sums, the sale could set a new benchmark for luxury real estate transactions, reflecting the immense wealth and spending power of the tech elite.