Larry Ellison, Oracle co-founder and Director, bought 98 percent of the island of Lanai for $600 million. He own Rising Sun, yacht, whose value is estimated at $377 million. Now, he is selling 2.62-acre compound on the east shore of Lake Tahoe for $28.5 million. Surely he ran out of money and had to sell [...]
Oracle Owner Larry Ellison Purchased Lanai, Hawaii’s Sixth Largest Island
When you are the third richest man in America, of course you can afford to buy Hawaii island. Larry Ellison, the founder of Oracle Corp., has bought Lanai, the sixth-largest Hawaiian island. How much Ellison paid for the island wasn’t disclosed, but the asking price for the island was said to be between $500 million [...]
David Geffen Buys Out Larry Ellison to Seize Control of Rising Sun, World’s Sixth Largest Yacht
David Geffen’s Rising Sun Yacht Music mogul David Geffen is now the sole owner of Rising Sun, the world’s sixth largest yacht, having seized control from co-owner Larry Ellison. In 2004 the German Lurssen shipyard launched one of the largest superyachts in the world, the 456 ft. Jon Bannenberg designed Rising Sun. She was commissioned by [...]

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