Larry Ellison who is the CEO of renowned Software development company has bought a small but luxurious island in Hawaiian. The island of Lanai is known for its Pineapples. If reports are to be believed, Larry has acquired 98% of the land on this island in around 550 million dollars.
Lanai, home to around 3,200 residents, was previously owned by billionaire David Murdock. Ellison is ranked by Forbes Magazine as the sixth richest man with a personal bank balance of $36 billion.