Jennifer Aniston may be on a real estate tear, but her buying and selling antics pale in comparison to those of Larry Ellison, reportedly the third richest person in America.
The Wall Street Journal recently profiled the software billionaire's unending appetite for real estate, pointing out that Ellison is "known for getting what he wants." He is said to take a "flood zone approach" when snatching up real estate, meaning that he buys multiple properties and creates one massive, single sprawling compound, which isn't all that unrealistic when your reported net worth is $33 billion. In Lake Tahoe alone, Ellison has spent $102 million over the last several years to create one astronomical compound.
Ellison may be focusing primarily on his holdings in Lake Tahoe as the CEO of Oracle just listed his Northern California equestrian estate for $19 million. The Woodside, CA property consists of two parcels of land that total 6.8 acres. On the property, there's a four-bedroom Colonial-style home with 3.5 bathrooms. Other amenities include a pool with waterfalls and spa, flag stone terrace, lavish gardens, and a tiled roof barn with five horse stalls.
Despite being the envy of most ordinary Americans, Ellison isn't immune to the dip in the real estate market -- the price tag of $19 million is just $4 million shy of what the billionaire paid for the residence back in 2005.