For years now, Larry Ellison, Oracle chief and America's third richest man, has been bullish on Malibu's Carbon Beach. In November he bought producer Jerry Bruckheimer's three-bed, three-bath bungalow for an undisclosed price, a mere two months after shelling out $36.9 million for former Yahoo chief Terry Semel's 10,300-square foot Michael Graves-designed compound nearby. The deals pushed his Carbon Beach holdings into the double-digits, though some brokers familiar with the area (and his holdings) say he owns more like a dozen properties on the sandy strip.
For years now, Larry Ellison, Oracle chief and America's third richest man, has been bullish on Malibu's Carbon Beach. In November he bought producer Jerry Bruckheimer's three-bed, three-bath bungalow for an undisclosed price, a mere two months after shelling out $36.9 million for former Yahoo chief Terry Semel's 10,300-square foot Michael Graves-designed compound nearby. The deals pushed his Carbon Beach holdings into the double-digits, though some brokers familiar with the area (and his holdings) say he owns more like a dozen properties on the sandy strip.
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