Tech mogul and Oracle software billionaire, Larry Ellison, has made headlines once again with his recent acquisition of the luxurious Eau Palm Beach Resort & Spa in Manalapan, Florida. This stunning 309-room property, located just south of Palm Beach, was purchased from the London-based Lewis Trust Group. The exact price of the acquisition has not been disclosed, but it is certainly a significant investment for Ellison.
Originally established as La Coquille Club in the 1950s, the resort has a rich history of catering to the elite. The property has seen several transformations over the years, with the Simon family obtaining permission to demolish the original club and build the famed Ritz-Carlton Palm Beach in the early 1990s. Since then, the resort has undergone various renovations and rebranding efforts to become the luxurious destination it is today.
Ellison, who already owns several prestigious properties including the Four Seasons Resort Lanai and Nobu Ryokan Malibu, has big plans for Eau Palm Beach Resort & Spa. Following a multimillion-dollar renovation in 2022, Ellison has expressed his intention to further invest in the property. With his keen eye for luxury and attention to detail, guests can expect the resort to reach new heights of excellence under his ownership.
The resort boasts a range of amenities, including seaside swimming pools, a 42,000-square-foot spa, 32,000 square feet of meeting space, and multiple dining options. It has long been a favorite among the elite, with guests such as the Fords, Vanderbilts, and Rockefellers frequenting the property during its initial heyday in the 1950s. Even today, locals continue to enjoy the exclusive La Coquille Club located within the resort.
Larry Ellison’s acquisition of Eau Palm Beach Resort & Spa marks a new chapter in the property’s storied history. With Ellison’s track record of success and dedication to excellence, guests can look forward to a truly exceptional experience at this luxurious destination.