{"id":1877,"date":"2026-06-16T16:31:50","date_gmt":"2026-06-16T16:31:50","guid":{"rendered":"https:\/\/floridamovingchronicle.com\/?p=1877"},"modified":"2026-06-16T16:31:50","modified_gmt":"2026-06-16T16:31:50","slug":"a-285m-estate-was-planned-here-two-south-florida-billionaires-just-bought-it","status":"publish","type":"post","link":"https:\/\/floridamovingchronicle.com\/?p=1877","title":{"rendered":"A $285M estate was planned here. Two South Florida billionaires just bought it"},"content":{"rendered":"<article><!-- --><!-- --><!-- WPS-5038 -- removed the script from WPS and added the placeholder for trinity player --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- CONTENT --><!--[--><!--[--><\/p>\n<p>A four-acre lot in a seaside town south of Mar-a-Lago  was supposed to be the site of one of the most expensive homes ever built in the U.S.<\/p>\n<p>Read more <a href=\"https:\/\/floridamovingchronicle.com\/?p=1875\">Diddy update: Rapper\u2019s prison release changed yet again<\/a><\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>But instead the Manalapan lot was split between two of Palm Beach County\u2019s best-known billionaires, Oracle co-founder Larry Ellison and WeatherTech founder David MacNeil, for a combined price of $67 million. The two men own the homes neighboring the lot at 1960 S. Ocean Blvd.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Manalapan, an exclusive oceanfront community  about 10 miles south of Palm Beach, was once a posh but sleepy beach destination. But in recent years, it\u2019s become known as a haven for the ultra-wealthy.<\/p>\n<p><!--]--><!--[--><\/p>\n<p>Ellison is the sixth-wealthiest person in the world, with Forbes placing his net worth at around $190 billion. MacNeil is worth an estimated $4.2 billion.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Both men are prolific buyers of South Florida real estate. Before this latest purchase, MacNeil had bought and sold more than $207 million worth of real estate in Palm Beach and Broward counties this year, The Real Deal reported.<\/p>\n<p><!--]--><!--[--><!-- --><!--]--><!--[--><\/p>\n<p><b>MORE: New private mansions on Fisher Island start at $34 million. Take a look inside<\/b><\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Robert W. Burrage of RWB Construction planned to build a $285 million, 50,000-square-foot estate with  a bowling alley, golf training facility and car museum. Ellison purchased the southern portion of the lot for $35 million, and MacNeil bought the northern portion for $32 million, The Wall Street Journal reported.<\/p>\n<p>Read more <a href=\"https:\/\/floridamovingchronicle.com\/?p=1874\">Rodents among stadium area eatery\u2019s violations the day of Miami World Cup game<\/a><\/p>\n<p><!--]--><!--[--><\/p>\n<p>Along Manalapan\u2019s so-called billionaire\u2019s row, luxurious multimillion-dollar estates stretch from the Atlantic Ocean to the east to the Intracoastal Waterway to the west. The tiny beachfront town has fewer than 500 residents.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Manalapan began its transformation into a  billionaire hotspot when former eBay president Jeffrey Skoll bought a $90 million estate there in 2021. Ellison soon followed with the 2022 purchase of a property known as Gemini, which he bought for $173 million. He went on to purchase the Eau Palm Beach Resort &amp; Spa  for $277 million in 2024. The resort opened as a Ritz-Carlton in 1991.<\/p>\n<p><!-- --><!--]--><!--[--><!--]--><!--[--><\/p>\n<p>Fox News  commentator Sean Hannity and life coach Tony Robbins are also among Manalapan\u2019s celebrity homeowners. Singer Billy Joel sold his Manalapan mansion for $43 million in 2024.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Manalapan is about a 20-minute drive from President Donald Trump\u2019s Mar-a-Lago resort. Both Ellison and MacNeil are close allies of the president. Trump has been a vocal proponent of two high-profile business ventures backed by Ellison: the Oracle co-founder\u2019s purchase of TikTok and his son\u2019s $111 billion acquisition of Warner Brothers Discovery.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Trump nominated MacNeil to be the head of the Federal Trade Commission earlier this year. MacNeil, the founder and CEO of a company that sells heavy-duty floor mats for cars, is widely considered a controversial pick for the job and has not yet been confirmed by the Senate.<\/p>\n<p>Read more <a href=\"https:\/\/floridamovingchronicle.com\/?p=1872\">Diddy update: Rapper\u2019s prison release changed yet again<\/a><\/p>\n<p><!--]--><!--]--><!-- --><!-- --><!-- --><!-- --><\/article>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Oracle co-founder Larry Ellison, WeatherTech founder David MacNeil split oceanfront Palm Beach County, FL lot where a $285M estate was planned.<\/p>\n","protected":false},"author":1,"featured_media":1876,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A $285M estate was planned here. 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