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jimbo2012
06-21-2012, 12:30 AM
Oracle Corp. (ORCL) Chief Executive Officer Larry Ellison has agreed to buy 98 percent of the Hawaiian island of Lanai, according to the state’s governor.

“It is my understanding that Mr. Ellison has had a long standing interest in Lanai,” Governor Neil Abercrombie said in a statement. “His passion for nature, particularly the ocean is well known specifically in the realm of America’s Cup sailing.”

Lanai, Hawaii’s sixth-largest island with an area of 141 square miles (365 square kilometers), is currently owned by billionaire David Murdock’s Castle & Cooke Inc. Ellison’s software industry rival Bill Gates married his wife Melinda on the island in 1994.

The sale includes two resort hotels, two championship golf courses and club houses, more than 88,000 acres of land including a 600-acre residential development, a solar farm, parks and utilities

Schaumburger
06-21-2012, 12:37 AM
Oracle Corp. (ORCL) Chief Executive Officer Larry Ellison has agreed to buy 98 percent of the Hawaiian island of Lanai, according to the state’s governor.

“It is my understanding that Mr. Ellison has had a long standing interest in Lanai,” Governor Neil Abercrombie said in a statement. “His passion for nature, particularly the ocean is well known specifically in the realm of America’s Cup sailing.”

Lanai, Hawaii’s sixth-largest island with an area of 141 square miles (365 square kilometers), is currently owned by billionaire David Murdock’s Castle & Cooke Inc. Ellison’s software industry rival Bill Gates married his wife Melinda on the island in 1994.

The sale includes two resort hotels, two championship golf courses and club houses, more than 88,000 acres of land including a 600-acre residential development, a solar farm, parks and utilities

I still work full time. My employer uses Oracle for accounting, procurement, order management, payroll, etc. I spend 90% of my work week using Oracle. Glad to hear that Larry E. is doing so well he can afford to buy an island. Some days at work I start talking to my computer..."I hate Oracle" or "Da___ Oracle."

Bill-n-Brillo
06-21-2012, 08:14 AM
This thread could also be titled: "World's Most Expensive Lanai!"...... :D

Bill :)

Cedwards38
06-21-2012, 08:35 AM
I sure wish I could afford a Lanai. All I can afford is this screened in porch.

batman911
06-21-2012, 11:43 AM
Lanai is not as nice as other Hawaiian islands. It is mostly baren wind swept land without the tropical beauty you find on the other islands. It was almost entirely covered with pineapple fields until the growers moved overseas for cheaper labor. There are about 3,200 residents that live on the remaining 2% of the island. Appears that most of the trees and vegitation were cut down long ago when the pineapple plantations were started. There are nice beaches if you really want to get away from everything.

About the Island of Lanai - Facts about it's population, size, lanai pictures, and history (http://lanaiproperties.com/about_lanai.html)

RichieB
06-21-2012, 12:22 PM
There are about 3,200 residents that live on the remaining 2% of the island.

I guess that's why Mr. E. is "only" buying 98% of the island :laugh:

rubicon
06-21-2012, 12:27 PM
I would be interested in buying a designer home from him with a water/golf course view. Hope he develops it like The Villages

Tom Hannon
06-21-2012, 12:34 PM
The problem with this Lanai is "There is no room for expansion."

2BNTV
06-21-2012, 01:19 PM
It must be nice to have that much money.

sigh..........

RichieB
06-21-2012, 02:54 PM
:agree: sigh

asianthree
06-21-2012, 03:21 PM
Oh come on you wouldn't move from TV would you:laugh:

RichieB
06-21-2012, 03:25 PM
The problem with this Lanai is "There is no room for expansion."

Good one, Tom :coolsmiley:

CaptJohn
06-21-2012, 10:03 PM
The problem with this Lanai is "There is no room for expansion."

He bought the wrong island for expansion. For that he should have bought the big island of Hawaii as every time Kilauea volcano erupts the island grows. Plenty of expansion there but he would have to wait a few hundred years for it to cool! :laugh:

Pturner
06-22-2012, 05:57 PM
But is it an east-facing lanai?

jimbo2012
06-22-2012, 07:01 PM
He has enough money to move the Sun.

eweissenbach
06-22-2012, 07:13 PM
Anyone recommend a contractor to put a birdcage over this lanai? Any estimates for what it may cost? Thanks! Larry

jimbo2012
06-22-2012, 07:47 PM
I think he's going to live in the "Garden of the Gods" see map

http://kauairealestate.net/map_lanai.jpg

SALYBOW
06-22-2012, 07:52 PM
I guess that's why Mr. E. is "only" buying 98% of the island :laugh:

Lets pool our money and buy the other 2% !!!!:MOJE_whot::plane:

Bill-n-Brillo
06-22-2012, 08:10 PM
He has enough money to move the Sun.

Maybe he's the guy who bought The Sun................. ?????

Bill :)

Pturner
06-22-2012, 08:12 PM
I think he's going to live in the "Garden of the Gods" see map

http://kauairealestate.net/map_lanai.jpg

Hey, are those island's to the NE kissing Lanais? Maybe that's why he's only buying 98 percent.

CaptJohn
06-23-2012, 01:21 PM
Anyone recommend a contractor to put a birdcage over this lanai? Any estimates for what it may cost? Thanks! Larry

Cost should be easy to figure. All you need is a price per square foot and convert the 141 square miles area into linear square feet and decide on the height! :laugh:

I'm more concerned about him buying TheSun and moving it there. What will the rest of us do? It's hard to compete with that! :shocked:

Everett Snyder
06-23-2012, 03:16 PM
For who loves the sound of open waters and winds just click on your music and close your eyes and let what God gave you give you what you want rest of heart.

Pturner
06-23-2012, 03:47 PM
Cost should be easy to figure. All you need is a price per square foot and convert the 141 square miles area into linear square feet and decide on the height! :laugh:

I'm more concerned about him buying TheSun and moving it there. What will the rest of us do? It's hard to compete with that! :shocked:

...eeek. I hope he doesn't take the posh mooners too.