Larry Ellison moves to Florida, leaves Hawaii
Synopsis
Oracle co-founder Larry Ellison has relocated to Palm Beach, Florida, placing him near Donald Trump’s Mar-a-Lago estate. The move comes as a corporate takeover dispute involving figures aligned with Trump unfolds. Property records confirm the relocation. Oracle recently reported annual revenue exceeding $50 billion, driven by cloud and enterprise software growth. The development has drawn attention due to its timing and proximity to the former president’s residence.
Larry Ellison has moved to Palm Beach, Florida, near Donald Trump’s Mar-a-Lago estate, according to reports and property records. The relocation comes during a corporate control dispute involving figures aligned with Trump. Oracle, which reported over $50 billion in annual revenue, continues expanding its cloud and enterprise software operations.
Key Highlights
- Larry Ellison relocated to Palm Beach, Florida, near Donald Trump’s Mar-a-Lago estate.
- Move comes amid a corporate takeover dispute linked to Trump allies.
- Oracle reported over $50 billion in annual revenue in its latest fiscal year.
- Florida continues attracting high-profile executives due to tax advantages.
Larry Ellison's Florida residency has been established following his departure from Hawaii, according to property records confirming a new primary address in Palm Beach. The billionaire move places the Oracle co-founder near former President Donald Trump’s Mar-a-Lago estate, drawing attention because of the proximity to Trump.
Ellison previously resided in Hawaii, where he owns most of the island of Lanai. His Hawaii exit represents a shift after years of maintaining ties and investments in the state. The updated records now list Palm Beach, Florida, as his principal residence.
Palm Beach Becomes New Base
The Palm Beach property is located close to Trump’s private club and residence. The relocation comes during a period of heightened visibility around corporate and political networks connected to Trump allies. There has been no public disclosure linking Ellison directly to any takeover dispute, and no official statement suggests the move is related to those developments.
Ellison has a history of political engagement, including hosting fundraising events attended by Trump. Beyond confirmation of residency details, neither Ellison nor representatives for Trump have released detailed public statements regarding the move.
Oracle’s Corporate Background
Ellison is co-founder and chief technology officer of Oracle, a major supplier of enterprise software, database systems and cloud infrastructure services. Oracle reported annual revenue of more than $50 billion in its most recent fiscal year, with cloud services accounting for a growing share of total sales. The global cloud computing market continues to expand as companies migrate data and operations to remote servers.
Florida has become a destination for high-net-worth individuals and executives, partly because it does not levy a state personal income tax. Palm Beach, in particular, has attracted business leaders and political figures in recent years.
The Larry Ellison Florida relocation formally concludes his Hawaii exit and establishes Palm Beach as his new home base.
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Pooja Malik is a business journalist with over six years of experience covering startups, entrepreneurship, and emerging trends. She has previously worked with leading media platforms such as YourStory Media and BW BusinessWorld, where she reported on business, policy, and market developments. Currently, she serves as Editor at The Inspirepreneur Magazine, where she writes and edits stories across business, lifestyle, and travel, with a focus on clarity, accuracy, and reader relevance.
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