Larry Ellison, the co-founder of Oracle Corporation, currently owns Beechwood Mansion. He acquired the historic property in 2010 and has maintained ownership since.
Current Ownership of Beechwood Mansion
Beechwood, a grand estate with a rich history, is presently owned by Larry Ellison. His acquisition in 2010 marked a significant moment for the Gilded Age mansion, transitioning it into private hands under one of the world's most prominent billionaires. Ellison's ownership continues to the present day, maintaining the estate as a private residence.
Key Details of the Ownership
To provide a clear overview of the current ownership, here are the essential facts:
| Aspect | Detail |
|---|---|
| Current Owner | Larry Ellison |
| Acquisition Year | 2010 |
| Location | Newport, Rhode Island |
| Ownership Status | Private Residence |
About the Owner: Larry Ellison
Larry Ellison is widely recognized for his immense success and influence in the technology sector. His profile includes:
- Co-founder of Oracle Corporation: A leading multinational computer technology company specializing in database software and cloud engineered systems.
- Global Wealth: Consistently ranked among the wealthiest individuals in the world, enabling his significant investments in real estate.
- Passion for Property: Known for his extensive and unique real estate portfolio, which includes historic properties and private islands.
Historical Significance of Beechwood
Originally known as the William B. Astor House, Beechwood Mansion holds a significant place in American history, particularly reflecting the opulent Gilded Age in Newport, Rhode Island. It was once the center of social life, hosting lavish parties and serving as a summer cottage for the Astor family. While now privately owned by Larry Ellison, its legacy as an architectural marvel and a symbol of that era endures.
For more information on the mansion's history and details, you can visit its Wikipedia page.
