Larry Ellison and several other billionaires may be increasingly buying neighbouring homes and land to create larger private compounds. A report claims that the Oracle founder, hedge fund billionaire Ken Griffin, Jack Daniel's heiress Dace Brown Stubbs and several other wealthy buyers are doing this.

Rather than upgrading to a larger house, affluent buyers are purchasing neighboring properties and assembling them into sprawling private estates.

Larry Ellison and several other billionaires may be increasingly buying neighbouring homes and land to create larger private compounds. A report claims that the Oracle founder,…