Oracle boss buys Hawaiian island

[xchrom]

http://www.irishtimes.com/newspaper/breaking/2012/0621/breaking9.html

?ts=1340291573

Billionaire Oracle chief executive Larry Ellison has bought 98 per cent of Hawaii's sixth-largest island, Lanai, the state's governor announced.

Mr Ellison, ranked in 2012 as America's third-richest man, is purchasing the property from fellow billionaire David Murdock.

Mr Murdock's Castle and Cooke, which owns all but 2 per cent of Lanai's 365sq km, filed a transfer application with Hawaii's Public Utilities Commission.

Previous media reports put the price tag at between $500 million and $600 million, but the price was not revealed in yesterday's filing.

[Iggy]

1. Sweeeeeeeeeeeet, eh?

Super! I guess this is the 1% 'ers idea of "creating jobs".

After Larry builds his opulent maison, there will be plenty of jobs-- professional chefs and
saucier, servants, maids, landscapers, etc.

[Lint Head]

2. Why is his face so red? Maybe he should stay out of the sun and tropical areas.

That skin cancer thing ain't fun.