It's good to be Larry.
Larry Ellison is a wealthy, wealthy man. How wealthy? Wealthy enough to drop hundreds of millions of dollars on his very own Hawaiian island. Late last night it emerged that Larry Ellison, CEO of Oracle Software, had just purchased Hawaii's sixth largest island, Lanai.
The news was revealed in a statement released by Neil Abercrombie, the Governer of Hawaii. Abercrombie revealed that Ellison purchased 98 percent of Lanai from landowner Castle & Cooke, which recently filed a transfer application with the Public Utilities Commision. Castle & Cooke sold its full 98 percent share of the island's 141 square miles to Ellison. The other two percent is thought to be owned by the state.
Landowner Castle & Cooke has filed a transfer application with the Public Utilities Commission. Castle & Cooke owns 98 percent of the island’s 141 square miles. The buyer is Lawrence Ellison, co-founder and chief executive officer of Oracle Corporation.
"It is my understanding that Mr. Ellison has had a long standing interest in Lanai," Governer Abercrombie said in a statement. "His passion for nature, particularly the ocean is well known specifically in the realm of America's Cup sailing. He is also a businessman whose record of community involvement in medical research and education causes is equally notable.We look forward to welcoming Mr. Ellison in the near future."
Lanai has a population of over 3,000 people. According to the San Francisco Chronicle, the residents find the the sale of the island a bit weird.
"It's kind of strange that in 2012, a medieval system of having one man own an island in the middle of the state, on which 3,000 people live, can still exist," Robin Kaye, a Lanai resident since 2005, told the paper. "It's very bizarre."
Included in the sale of the island are the Four Seasons Resorts Lanai at Manele Bay, and the Four Seasons Resorts Lanai, Lodge at Koele, as well two championship golf courses and clubhouses.
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Step 2: Send Eviction notices
Step 3: Build volcano laboratory
Step 4: Finish Doomsday device
Step 5: Profit
Step 2: Send Eviction notices
Step 3: Build volcano laboratory
Step 4: Finish Doomsday device
Step 5: Profit
and then the next paragraph...
"Castle & Cooke owns 98 percent of the island’s 141 square miles."
I think I got it the first time. :|
" Residents are hoping he'll kill off plans to build windmills on the island"
Then, same paragraph...
"..., but residents are hopeful Larry will kill that idea off."
Just... wow...
He's on his way to becoming the next Bond villain, lol.
I now feel inferior to this man in every way conceivable.
Perhaps Ellison will move on to a 21st century "green" approach of demolishing "the Four Seasons Resorts Lanai at Manele Bay, and the Four Seasons Resorts Lanai, Lodge at Koele, as well two championship golf courses and clubhouses."
So after Ellison returns Lanai to a state of nature, Robin Kaye can pack up her belongings and move her butt off this natural wonderland. I'm sure she would agree that that isn't "bizarre".
Well, at least I have a nice personality and a bigger d....
Yes but the question is : "better one man or one organisation as it was before him?" in both case people don't even own their own houses.
WTF is wrong with you people?
Lets not forget the word "governer" which I had to FIGHT MY COMPUTER TO EVEN SPELL IN THAT WAY IN THIS REPLY.
Editor fail.
Launch Doomsday device at SAP headquarters
I am sure he can buy that (maybe in Sweden) too.