Great Escape: Starkly elegant Nobu Ryokan Malibu is where billionaires go to relax

Nobu Ryokan Malibu, the latest venture in the Nobu Hospitality empire, sits on one of the most affluent stretches of residential beachfront anywhere. Malibu’s Carbon Beach is also known as “Billionaires’ Beach” for property owners like David Geffen, Steven Spielberg, Jeffrey Katzenberg and Oracle Corp. co-founder Larry Ellison.

Ellison, who owned a funky midcentury motel where Nobu Ryokan Malibu now stands, is a partner — as is Robert De Niro and Hollywood producer Meir Teper —...

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