6 Wealthy People and Their Private Islands
5. Larry Ellison
Founder and CEO of Oracle
Larry Ellison is the Founder and CEO of Oracle and as of the year 2012, he is the third wealthiest American Citizen with assets which are estimated to be $ 41 billion. Along with being a shrewd business man he is also a keen adventure enthusiast and he also believes in living life to the fullest.
Very recently in 2012, Ellison bought himself the Island of Lanai. The island is Hawaii’s sixth largest island. This island was previously owned by James Dole who was the founder of Dole Food Co. the island has Four Seasons resorts along with two golf courses with a stable.
No one knows the amount of money he spent on acquiring the island, but experts estimate that he paid anything around $600 million dollars or more.
Also Read: 30 Insanely Expensive Gadgets
6. Ted Turner
Founder of CNN
Ted Turner is an American Media giant who is credited for founding the cable news network CNN which was the first 24 hour cable news channel. Ted Turner owns St. Philips Island which is one of the barrier islands off the coast of Beaufort County. The island is located off the coast of South Carolina. The amount for which he obtained the island has not been disclosed.
