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Larry Ellison Buys 249-Acre Golf Estate

Luxist brings word that Oracle billionaire Larry Ellison has just bought Porcupine Creek, a 249-acre golf course in Ranch Mirage, Calif., for $42.9M. With an 18,400-square-foot main house, eight guest houses, a golf club, and a golf course, consider that paltry price tag a steal compared to an original ask of $75M. [Luxist]