World · 19 Jul 2026

Larry Ellison, once short on utility bills, now owns most of a Hawaiian island

Larry Ellison, once short on utility bills, now owns most of a Hawaiian island

Oracle co-founder Larry Ellison, who once struggled to pay the electricity bills for his workshop, spent about $300 million acquiring roughly 98 percent of the Hawaiian island of Lanai. Now living there full-time, he plans a luxury destination paired with a sustainable community, even as his wealth swings with markets and Oracle's cloud business stays strong.

Source: Times of India

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