Lanai majority owner Larry Ellison is the world’s fifth-richest person with a net worth of $43 billion, according to Forbes magazine’s 2013 list of billionaires.
Ellison moved up one place on the list since 2012, when he was No. 6, and increased his net worth by $7 billion.
Ellison, the CEO of Oracle Corp. (Nasdaq: ORCL) and the third richest person in the United States, went on a real estate buying binge in 2012, purchasing 98 percent of Lanai for an estimated $500 million as well as a couple…
via Honolulu Business News – Local Honolulu News | Pacific Business News of Honolulu http://feeds.bizjournals.com/~r/bizj_pacific/~3/u68Jc8wY210/lanai-owner-larry-ellison-moves-up-to.html