SELLER: Megan EllisonLOCATION: Los Angeles, CAPRICE: $35,700,000SIZE: (approx.) 10,000 square feet, 6 bedrooms, 8 bathroomsYOUR MAMA’S NOTES: Although none of the property record databases we checked yet reflect a change of ownership, word on the high-end Tinseltown real estate street is that software heiress turned powerhouse film and television producer Megan Ellison made a surreptitious, off-market deal to sell her mountaintop estate in L.A’s Mount Olympus neighborhood for $35.7 million. Ellison purchased the multi-acre property in late 2013 for $20...
Plenty of major studios have tried – and usually failed – to set up a boutique wing in order to attract acclaimed artists who deliver critical though not necessarily commercial hits. In just five years, Megan Ellison’s Annapurna Pictures hasn’t only lured some of the most impressive talents working in American cinema today – P.T. Anderson, Richard Linklater, Spike Jonze – it has also produced sizeable hits in the shape of Kathryn Bigelow’s “Zero Dark Thirty” (2012) and David O. Russell’s “Joy” (2015), both of which scored north of $100m in the U.S..
Forming Annapurna in 2011, Ellison was inspired by her father, billionaire Oracle founder Larry Ellison, to embrace Silicon Valley’s values and invest the company’s money in new and original projects, starting with John Hillcoat’s “Lawless” and Andrew Dominik’s “Killing Them Softly” (both 2014). Since then, Ellison’s door has been open to directors with a singular vision – next year’s releases include Alexander Payne’s “Downsizing,” in which a man volunteers to shrink himself for a new eco-friendly initiative, and Ana Lily Amirpour’s “The Bad Batch,” which stars model Suki Waterhouse as a woman surviving in a post-apocalyptic dystopia.
Despite her high profile, Ellison never gives interviews or communicates with the press, a stance that hasn’t impeded her successes so far: in 2014, Ellison became the first woman and the fourth person to receive two best picture Academy Award nominations in the same year (for Spike Jonze’s “Her” and David O. Russell’s “American Hustle”), and, more recently, the Producers Guild of America selected her as the recipient of its 2017 Visionary Award.