Extremely Wealthy
Can Larry Ellison Recreate Paradise?
When Oracle CEO Larry Ellison bought 98 percent of the Hawaiian island of Lana’i in June 2012 (for between $300 million and $500 million), shock waves rippled through the sleepy, picturesque backwater. The island’s 3,100 residents were long inured to the semi-feudal ownership structure—since the 1860s there had been a…
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