+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Take A Tour Of Lanai, The Hawaiian Island Larry Ellison Bought For $300 Million

Oct 21, 2014, 02:41 IST

In 2012, Oracle cofounder Larry Ellison - who stepped down from his position as CEO on Sept. 18 - bought a 97% stake in the Hawaiian island of Lanai for a reported $300 million.

Advertisement

His enormous purchase includes pretty much everything on the island - small businesses like local restaurants, shops, and galleries, and large businesses like the two Four Seasons hotels on the island. He owns two golf courses, the community swimming pool, the water company, and a cemetery. He also owns nearly a third of all of the island's housing.

Ellison's plans for Lanai are still rather mysterious, and the transition of ownership to the Oracle billionaire has been controversial among residents.

Lanai has played a number of roles in a fascinating history stretching hundreds of years, and there's plenty to see here.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article