Larry Ellison bought 98% of Hawaii’s Lanai for about $300 million; then its assessed value reached about $1.2 billion
- Posted on September 16, 2026
- By The Times of India
- 1 Views
- 1 min read
In brief
Oracle founder Larry Ellison acquired approximately 98% of the Hawaiian island of Lanai in a transformative real estate deal, initially valued at $300 million. Following strategic development and improvements, the property's assessed valuation skyrocketed to approximately $1.2 billion, demonstrating remarkable appreciation. This unprecedented acquisition represents one of the largest private land purchases by a single individual, reshaping Lanai's economic landscape and establishing Ellison as a major stakeholder in Hawaiian real estate development.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Larry Ellison bought 98% of Hawaii’s Lanai for about $300 million; then its assessed value reached about $1.2 billion
For most property buyers, even an expensive house represents a substantial purchase. Larry Ellison took a very different approach.
