How Larry Ellison became the real estate king of Malibu

Billionaire software mogul Larry Ellison has established himself as the big kahuna on the Malibu real estate scene, having acquired 12 separate properties on Carbon Beach in addition to making myriad other real estate investments in the area over the past several decades. Indeed, as Malibu prices head skyward, there is perhaps no greater beneficiary of the rise in value than the Oracle co-founder, who by most accounts has turned the seaside city into his own personal fiefdom.