Strategic CIO // IT Strategy
08:00 AM
Aoife M. McEvoy
Aoife M. McEvoy
Connect Directly
Repost This

10 Lavish Monuments To Tech Egos

How do tech billionaires spend it all? Check out the toys and palatial homes owned by 10 of geekdom's rich and famous.
1 of 10

It's been a month since Oracle Team USA's sensational comeback to victory in the 34th America's Cup. And in the wake of this win -- given the estimated $100 million that Team USA owner Larry Ellison spent on the race -- we thought it was high time to highlight the biggest tech giants and their staggering displays of wealth.

All but one of the leaders we cover are billionaires. According to Forbes, Ellison's net worth tops the list at $43 billion, followed by Jeff Bezos ($25.2 billion) and Google's Larry Page ($23 billion) and Sergey Brin ($22.8 billion).

Let's start with the Oracle boss. Ellison adds real estate purchases to his collection the way most of us splurge on electronics. His lavish residences around the world reportedly include a 23-acre manse in Woodside, Calif. ($12 million), an equestrian estate ($23 million), a McMansion in Pacific Heights, San Francisco (just less than $4 million), and various properties in Lake Tahoe ($100 million).

The Woodside home was based on a 16th-century Japanese palace and took nine years -- and $200 million -- to build. On the plus side, the Woodside location gives Ellison a pleasant commute to Oracle headquarters in nearby Redwood Shores (roughly 20 minutes, we reckon). Ellison must enjoy driving, though. His many vehicles include an Audi R8, a Lexus LFA, and an Acura NSX. And up until about three years ago, Ellison owned a McLaren F1. He bought the exotic car new in 1995 when it was priced at approximately $970,000. At auction, the Formula One car sold for $3,575,000.

Of course, Ellison, a licensed pilot, owns jets and yachts. His aircraft fleet has included an Italian Marchetti jet, a MiG-29 fighter jet, and a Gulfstream V.

In addition to the Bay Area empires, Ellison also reportedly owns property in Rhode Island, Malibu, Rancho Mirage -- an inland resort town in Southern California, with a golf course to boot -- and Kyoto, Japan. His most outlandish purchase, though, is a Hawaiian island. He allegedly paid $500 million for 98 percent of Lanai last year.

Oh, how the 1 percent lives.

Continue this slideshow for more fun trivia about tech titans' extravagant toys.

1 of 10
Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
<<   <   Page 2 / 2
Nicole Ferraro
Nicole Ferraro,
User Rank: Apprentice
11/15/2013 | 4:59:49 PM
Lavish is an understatement
Wow. Fun slideshow, but when I look at all of this excessive spending I have a hard time returning to the reality that there's so much poverty in the world. Jeez. I think the Google jets and their agreement with NASA bugged me the most!
Kristin Burnham
Kristin Burnham,
User Rank: Author
11/15/2013 | 8:20:19 AM
If I had the money that these execs have, I'd probably spend it on travel (and then, of course, decide where to buy my mansions). :-)
<<   <   Page 2 / 2
Transformative CIOs Organize for Success
Transformative CIOs Organize for Success
Trying to meet today’s business technology needs with yesterday’s IT organizational structure is like driving a Model T at the Indy 500. Time for a reset.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Elite 100 - 2014
Our InformationWeek Elite 100 issue -- our 26th ranking of technology innovators -- shines a spotlight on businesses that are succeeding because of their digital strategies. We take a close at look at the top five companies in this year's ranking and the eight winners of our Business Innovation awards, and offer 20 great ideas that you can use in your company. We also provide a ranked list of our Elite 100 innovators.
Twitter Feed
Audio Interviews
Archived Audio Interviews
GE is a leader in combining connected devices and advanced analytics in pursuit of practical goals like less downtime, lower operating costs, and higher throughput. At GIO Power & Water, CIO Jim Fowler is part of the team exploring how to apply these techniques to some of the world's essential infrastructure, from power plants to water treatment systems. Join us, and bring your questions, as we talk about what's ahead.