Mogul Washes Ashore

The "Uncensored" column in the August issue of "W" Magazine ( LAist has catholic tastes in reading material) reveals that "Oracle gazillionaire" Larry Ellison and his wife, novelist, Melanie Craft, have purchased a house on Malibu's Carbon Beach (AKA Billionaire Beach) so that they have a "pied dans le sable" for visits to Larry's son who is enrolled at a college nearby.

LAist wonders if the kid's enrolled at Pepperdine or "PU" -- as we used to call it during our school days.