That comes from a Wall Street Journal story on Saturday (June 15) titled Larry Ellison’s Fantasy Island. Excerpt:

Larry Ellison stood on the white sand of a deserted beach, bordered by palm trees laden with coconuts. It didn’t feel real that he could own the island of Lanai, he reflected.

It had been his far-fetched dream since he was in his 20s, when he first flew over one of the smallest of Hawaii‘s inhabited islands in a Cessna 172 and was captivated by the thousands of acres of pineapple fields. …

In January, Mr. Ellison met with Hawaii Gov. Neil Abercrombie. “As far as I’m concerned, he has not made a single misstep,” said Gov. Abercrombie, a Democrat. “Unemployment on Lanai has just about disappeared. Traffic to the island is up. If nothing more than the economy, I would say he is the best thing that’s happened to the island in 50 years.”

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Photo courtesy Oracle_Photos_Screenshots.

—Chad Blair

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