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-   -   U must be rich to own a Lanai (https://www.talkofthevillages.com/forums/villages-florida-non-villages-discussion-93/u-must-rich-own-lanai-55348/)

jimbo2012 06-21-2012 12:30 AM

U must be rich to own a Lanai
 
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

Quote:

Originally Posted by jimbo2012 (Post 509001)
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

RichieB 06-21-2012 12:22 PM

Quote:

Originally Posted by batman911 (Post 509195)
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

Quote:

Originally Posted by Tom Hannon (Post 509218)
The problem with this Lanai is "There is no room for expansion."

Good one, Tom :coolsmiley:

CaptJohn 06-21-2012 10:03 PM

Quote:

Originally Posted by Tom Hannon (Post 509218)
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.


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