Larry Ellison Bought An Island

Larry Ellison Bought An Island

Oracle co-founder and company CEO Larry Ellison is the closest thing to Tony Stark we have. He’s so close, in fact that he even made a cameo in the Iron Man sequel. In true Stark form, Ellison has just made his latest acquisition: it’s the Hawaiian island of Lana’i.

According to a statement from the Governor of Hawaii Ellison has made a bid for 98 per cent of the sliver of land in the Hawaiian island chain.

Landowner Castle & Cooke has filed a transfer application with the Public Utilities Commission. Castle & Cooke owns 98 percent of the island’s 141 square miles. The buyer is Lawrence Ellison, co-founder and chief executive officer of Oracle Corporation. Governor Neil Abercrombie today released the following statement:

“It is my understanding that Mr. Ellison has had a long standing interest in Lana’i. His passion for nature, particularly the ocean is well known specifically in the realm of America’s Cup sailing. He is also a businessman whose record of community involvement in medical research and education causes is equally notable. We look forward to welcoming Mr. Ellison in the near future.

If anyone sees any red and gold flying objects launching from the anywhere on the island, drop us a line? [Office of Governor Neil Abercrombie via CNET]

Image: Hawaii Tourism Board