Head of Oracle: buy small wholesale Islands



head of Oracle CEO Larry Ellison bought the sixth largest island of the Hawaiian archipelago - Lanai. 98% of the island he bought the company Castle & Cooke, owned by David Murdoch. Billionaire owned the island since 1985, he will retain one house and the right to build a wind farm on it. The transaction amount was not disclosed, but is estimated to The Maui News, the island has managed Ellison at $ 500-600 million. In March, Forbes magazine named Ellison's sixth richest man in the world with a fortune of $ 36 billion. The island of Lanai is 365 square meters. km, 3,200 people live here. Lanai is also called the Pineapple Island: in the past it was famous for this fruit plantations, and is now better known as a luxury resort. It was here in 1994, celebrated the wedding of Bill Gates.

Tags

See also

New and interesting