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Larry Ellison Bought an Island in Hawaii. Now What? – New York Times

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Larry Ellison Bought an Island in Hawaii. Now What?

Source: www.nytimes.com

An exceptionally well-researched article on the evolution of Lanai as a minor Hawaiian island isolated from most of the world to the private estate of Oracle founder, Larry Ellison.  Ellison, who recently retired as the head of the computer data firm is transforming the sleepy island and one-time leader in pineapple production into a modern living community with alternative energy, new businesses, and many opportunities for the island population.  Earlier, Ellison bought the entire island and most of the homes and  businesses that went with it. A spokesman for the reclusive Oracle guru says his boss "wasn’t drawn by the potential of profit, but by the potential for a great accomplishment."  Ellison is working with an island group known as Pulama to make the vision come true.  "The New York Times" says Ellison treats Lanai like a classic car being restored in the middle of the Pacific…an "obsession" that undergoes continuous revision.  Only time will tell if Ellison’s vision will produce a viable future for Lanai.  Aloha, Russ.

See on Scoop.itPRG HAWAII NEWS WITH RUSS ROBERTS

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