Larry Ellison’s Billionaires Row Mansion Buyer Identified

The Waggle has solved the long-running mystery of who bought Larry Ellison’s $45 million Billionaires Row mansion at 2850 Broadway in San Francisco. The buyer is a trust tied to Chuck Esserman, cofounder and CEO of private equity firm TSG Consumer Partners, according to public records.

Esserman, who maintains a low profile, has led TSG to hold stakes in brands including Vitamin Water, Planet Fitness, CorePower Yoga, and Crumbl, known for celebrity collaborations with Benson Boone, the Kardashian-Jenners, and Olivia Rodrigo.

The Essermans have a history of buying notable properties: In 2023, they acquired Celine Dion’s Las Vegas home for $30 million; in 2018, they bought Peter Thiel’s former San Francisco residence for $7.4 million. That Thiel home appears to have been intended for their daughters, Christine Esserman, a partner at Accel, and Carolyn Esserman, a lifestyle influencer married to Cubs pitcher Drew Pomeranz.

The Ellison property, currently undergoing a $630,000 renovation, was represented by real estate attorney Laura Strazzo, who also handled the Thiel sale. Neighbors had speculated the buyer could be Elon Musk or Uber CEO Dara Khosrowshahi, but the Esserman connection now provides a clear answer.