Inside Larry Ellison’s $793 Million Property Portfolio as He Personally Mounts Bid for Warner Bros.

by Kelsi Karruli

skyline-of-jacksonville

The high-stakes takeover battle for Warner Bros. Discovery has reached new heights, with Oracle co-founder Larry Ellison now agreeing to personally guarantee $40.4 billion in Paramount Skydance’s latest bid to stop Warner Bros. Discovery from selling its studio and streaming assets to Netflix.

The billionaire’s guarantee comes on the heels of Paramount Skydance’s bold offer—led by Ellison’s son, David—to buy the entire company in an all-cash deal valued at $108 billion. That offer was rejected by the board in favor of the Netflix deal, which seeks to acquire the studio and streaming portions of Warner Bros. Discovery for $82.7 billion.

Ellison, 81, is attempting to assure the Warner Bros. board that the all-cash offer is real and credible after the board expressed doubts about the financing, which was initially being funded by a family trust that the shareholders said was not secure enough.

“Larry Ellison has agreed to provide an irrevocable personal guarantee of $40.4 billion of the equity financing for the offer and any damages claims against Paramount,” a Paramount press release published on Monday reads.

Larry Ellison in 2019
The high-stakes takeover battle for Warner Bros. Discovery has reached new heights, with Oracle co-founder Larry Ellison now agreeing to personally guarantee $40.4 billion in Paramount Skydance’s latest bid to stop Warner Bros. Discovery from selling its studio and streaming assets to Netflix. (Photo by Phillip Faraone/Getty Images)
The billionaire’s guarantee comes on the heels of Paramount Skydance’s bold offer—led by Ellison’s son, David—to buy the entire company in an all-cash deal valued at $108 billion. That offer was rejected by the board in favor of the Netflix deal, which seeks to acquire the studio and streaming portions of Warner Bros. Discovery for $82.7 billion. ( E. Charbonneau/WireImage for MGM )

The Oracle tycoon’s personal guarantee seeks to alleviate those concerns while also putting his own financial credibility on the line.

The offer also raised the breakup fee to $5.8 billion, which represents the amount Paramount would pay if the deal falls through, matching Netflix’s terms.

“Paramount has repeatedly demonstrated its commitment to acquiring WBD. Our $30 per share, fully financed all-cash offer was made on December 4 and continues to be the superior option to maximize value for WBD shareholders,” the company said. “Because of our commitment to investment and growth, our acquisition will be superior for all WBD stakeholders, serving as a catalyst for greater content production, greater theatrical output, and more consumer choice.”

“We expect the board of directors of WBD to take the necessary steps to secure this value-enhancing transaction and preserve and strengthen an iconic Hollywood treasure for the future,” David Ellison said in the press release.

Shareholders have until Jan. 21, 2026, to accept or decline the deal. Warner Bros. Discovery said it would review and consider Paramount’s revised terms.

The guarantee highlights the scale of Larry Ellison’s fortune, built not only through Oracle but also through a vast and lavish global property portfolio, which Realtor.com® has now unfolded.

Ellison is no slouch in the real estate department. He's said to own multiple homes in idyllic beach towns, from Malibu to Lanai.

The guarantee highlights the scale of Ellison’s fortune, built not only through Oracle but also through a vast and lavish global property portfolio, which Realtor.com has now unfolded. (Justin Sullivan/Getty Images)
Ellison bought a megamansion in Manalapan, FL, in 2023 for a record-breaking price of $173 million. (Eagleview)

Malibu, CA

Ellison has become known as a “Malibu real estate mogul,” buying his first Carbon Beach property in 2002.

In 2018, he made headlines with the purchase of Hollywood producer Joel Silver’s Malibu beach house for $38 million.

Additionally, he has reportedly acquired 11 other properties in the coastal city. He is also said to have paid $20 million for the Casa Malibu Inn in 2007, 10 years before he snapped up another oceanfront estate for a reported $48 million.

In total, his real estate holdings in the waterfront community are said to be worth upward of $180 million.

Lanai, HI

This serene island in Hawaii reportedly has no traffic lights. But it does have some swanky resorts and one high-profile resident: In 2012, Ellison bought the two hotels as well as the land holdings that amount to 98% of the island for a reported $300 million.

His purchase included "87,000 of the island's 90,000 acres of land."

The tech mogul has since updated the hotels and added improvements to the island, such as some farming operations, with an eye toward turning the island into a sustainable mecca.

Lanai has beautiful beaches, a Jack Nicklaus–designed golf course, and dining and resort amenities in the high-end hotels.

North Palm Beach, FL

Eau Palm Beach Resort
Ellison purchased the Eau Palm Beach Resort in Manalapan, FL, with the intention of revamping it. (Eau Palm Beach Resort)

In the Sunshine State, Ellison made his mark in April 2021, paying $80 million for a premium waterfront estate with the intention of tearing it down. However, over a year later, he tested the market with an ask of $145 million for his property in Seminole Beach Estate. The property was later taken off the market.

Ellison’s property is the third-largest oceanfront parcel in Palm Beach County. It sits in a gated community with 24/7 security.

At 7.35 acres, the parcel is one of only a handful of properties in the state that can accommodate a private helipad. The property comes with 520 feet of ocean frontage.

In 2022, the entrepreneur made another splashy purchase, dropping a record-setting $173 million on another Florida property south of Palm Beach, in Manalapan.

Newport, RI

The buyer's appetite for the beach also brought him to a historic enclave of Newport, RI, where he's said to own four properties in the area, including the Astors' former mansion, which he apparently purchased for $10.5 million in January 2010.

He is said to have spent an astonishing $100 million to renovate it for a planned Beechwood Art Museum.

San Francisco, CA

The San Francisco Bay Area resident has also had a longtime home in San Francisco's Pacific Heights neighborhood. He picked up the William Wurster–designed mansion in 1988, paying a reported $3.9 million for the home, which is valued at over $9 million today.

Built in 1958, the 10,000-square-foot layout includes five bedrooms and six baths.

Years later, in 2011, he apparently picked up the home next door for a reported $40 million.

Keith Francis

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