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Tech billionaire Larry Ellison buys Lake Tahoe resort

Tech billionaire Larry Ellison has bought a multi-million-dollar Lake Tahoe resort. The Tahoe Daily Tribune reports Ellison has added the Hyatt Regency Lake Tahoe Resort, Spa, and Casino to his holdings. He purchased the waterfront property in Incline Village for $345 million. Ellison is the sixth richest man in the world.

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