Billionaire Larry Ellison, the 3rd richest American according to Forbes, has purchased Lanai which is the 6th largest Hawaiian island.
At $500,000,000 it was quite a steal considering it breaks down to a tiny 0.13 cents a square foot. A great 500 million USD investment by the Oracle CEO.
Lanai is a destination of untouched tranquility, relaxation and tranquility. A golfers paradise, no distraction or hustle and bustle like Oahu.
This romantic island is a true getaway, though they also have a Four Seasons five star hotel.
The rich get richer. Congratulations, Mr. Ellison on obtaining Hawaii’s most enticing island. Well played sir and Aloha.