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Forbes - Billionaire Larry Ellison Buys Hawaiian Island of Lanai For an Estimated $500 million!

 
SpaceCommand
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06/24/2012 09:05 PM
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Forbes - Billionaire Larry Ellison Buys Hawaiian Island of Lanai For an Estimated $500 million!


Forbes' Morgan Brennan and Claire O'Connor discuss the Oracle CEO's most recent investment: Lanai, the 6th largest Hawaiian island.

[link to www.forbes.com]

Last Edited by SpaceCommand on 06/24/2012 09:22 PM
"With an eye made quiet by the power of harmony and the deep power of joy, we see into the life of things." William Wordsworth

And yet the same revolutionary beliefs for which our forebears fought are still at issue around the globe—the belief that the rights of man come not from the generosity of the state, but from the hand of God.

John F. Kennedy Inaugural Address

Lincoln's economic advisor Henry C. Carey explained the universal issue in his 1851 Harmony of Interests:

"Two systems are before the world.... One looks to pauperism, ignorance, depopulation, and barbarism; the other to increasing wealth, comfort, intelligence, combination of action, and civilization. One looks towards universal war; the other towards universal peace. One is the English system; the other ... the American system, for ... elevating while equalizing the condition of man throughout the world."

"Only two things are infinite, the universe and human stupidity, and I'm not sure about the former." - Albert Einstein
SpaceCommand  (OP)

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06/24/2012 09:19 PM
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Re: Forbes - Billionaire Larry Ellison Buys Hawaiian Island of Lanai For an Estimated $500 million!

"With an eye made quiet by the power of harmony and the deep power of joy, we see into the life of things." William Wordsworth

And yet the same revolutionary beliefs for which our forebears fought are still at issue around the globe—the belief that the rights of man come not from the generosity of the state, but from the hand of God.

John F. Kennedy Inaugural Address

Lincoln's economic advisor Henry C. Carey explained the universal issue in his 1851 Harmony of Interests:

"Two systems are before the world.... One looks to pauperism, ignorance, depopulation, and barbarism; the other to increasing wealth, comfort, intelligence, combination of action, and civilization. One looks towards universal war; the other towards universal peace. One is the English system; the other ... the American system, for ... elevating while equalizing the condition of man throughout the world."

"Only two things are infinite, the universe and human stupidity, and I'm not sure about the former." - Albert Einstein
12.21.12

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06/24/2012 09:21 PM
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Re: Forbes - Billionaire Larry Ellison Buys Hawaiian Island of Lanai For an Estimated $500 million!
must be nice
Anonymous Coward
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06/24/2012 09:46 PM
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Re: Forbes - Billionaire Larry Ellison Buys Hawaiian Island of Lanai For an Estimated $500 million!
Excellent, another morbidly obese Joooooo in a grotesque "cabana set" [link to www.amazon.com] to avoid seeing while enjoying an otherwise remarkable view of the picturesque wonders of the Pacific
Anonymous Coward
06/24/2012 09:46 PM
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Re: Forbes - Billionaire Larry Ellison Buys Hawaiian Island of Lanai For an Estimated $500 million!
Goals:


1. Buy island
SpaceCommand  (OP)

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06/25/2012 02:54 AM
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Re: Forbes - Billionaire Larry Ellison Buys Hawaiian Island of Lanai For an Estimated $500 million!
There were previous posts alerting us to the possibility of purchase, but none to my knowledge until this one confirming it.

1. Thread: Oracle CEO Ellison to Buy Most of Hawaiian Island Lanai

2. Thread: Lifestyles of the rich and famous- Oracle's Ellison to buy Lanai island, Hawaii


It is not a small story and it should be pinned for greater commentary. The first posting is in error, he cannot "buy the people," who live on the island. He will own some 97-98 per cent of the land there.

Last Edited by SpaceCommand on 06/25/2012 02:59 AM
"With an eye made quiet by the power of harmony and the deep power of joy, we see into the life of things." William Wordsworth

And yet the same revolutionary beliefs for which our forebears fought are still at issue around the globe—the belief that the rights of man come not from the generosity of the state, but from the hand of God.

John F. Kennedy Inaugural Address

Lincoln's economic advisor Henry C. Carey explained the universal issue in his 1851 Harmony of Interests:

"Two systems are before the world.... One looks to pauperism, ignorance, depopulation, and barbarism; the other to increasing wealth, comfort, intelligence, combination of action, and civilization. One looks towards universal war; the other towards universal peace. One is the English system; the other ... the American system, for ... elevating while equalizing the condition of man throughout the world."

"Only two things are infinite, the universe and human stupidity, and I'm not sure about the former." - Albert Einstein





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