The CEO of Oracle bought the sixth largest island of Hawaii

Honolulu (USA) - The head of the American software company Oracle, Larry Ellison, bought 98 percent of the sixth largest island in the American Hawaiian archipelago. This was announced today by the governor of the state.
     According to Forbes magazine, Ellison is the third richest American. He purchased the island of Lanai, which covers an area of 365 square kilometers, from another billionaire, David Murdock. Murdock's company, Castle and Cooke, which previously owned the entire island except for two percent of its area, has applied to Hawaiian authorities for the transfer of property.
     The amount for the island was not disclosed, but local media speculated it to be between 500 million to 600 million dollars (10 to 12 billion crowns).
     "Larry Ellison has had a long-term interest in Lanai. He is known for his passion for nature, particularly the ocean," said Hawaii's governor Neil Abercrombie, who also noted Ellison's interest in the sailing competition America's Cup.
     Lanai is the smallest publicly accessible Hawaiian island with about 3,200 inhabitants. It was previously known for pineapple cultivation, but now it features two seaside hotel resorts from the Four Seasons hotel chain, a golf course, and various luxury residences. Another tech billionaire, Bill Gates, reserved all hotel rooms on the island for his wedding in 1994.
     Sixty-seven-year-old Ellison is, according to Forbes, the sixth richest person in the world with a fortune of 36 billion dollars.