All 141 square miles of Larry Ellison’s latest purchase, Lanai. Image via Wikipedia.
The avid yachtsman spent more than $100 million in a quest to win the prestigious America’s Cup sailing race; his BMW Oracle racing team defeated biotech billionaire Ernesto Bertarelli in 2010.
As befits a man worth $36 billion, Ellison has a garage full of pricey cars, including a McLaren F1. He also collects planes, his favorite being his Italian Marchetti jet.
Then there was his private 454-foot mega yacht, the Rising Sun, a floating pleasure palace featuring a wine cellar, movie theater and basketball court. Ellison spent much of his free time aboard before selling the luxury cruiser to a fellow billionaire, music mogul David Geffen, for a rumored $300 million.
Now the software tycoon has a new, even more expensive passion project to pursue, having bought out another billionaire (are you keeping count? This is number four in this story so far).