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Larry Ellison Scoops Up Porcupine Ranch From Founder of Yellowstone Club

One more indicator that the bottom feeders are out shopping and picking up some great deals on second homes, even the wealthiest of the wealthy. Larry Ellison, the sixth-richest man in the world, has bought the 249-acre golf course estate of Edra Blixseth for $42.9 million, this according to records filed in Riverside County, California. Last known listing price: $55 million, which was a 27% reduction.

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