HAWAII DATELINE 2016

Oracle chief  Larry Ellison‘s Hawaiian island purchase makes him the majority owner of the so-called ‘pineapple island’ of Lanai.

Mr. Ellison.will have a 98% stake of the tropical 141-square mile island. The Hawaii Island is being acquired from fellow Forbes 400 member David Murdoch, the 89-year old billionaire behind Dole Foods, via Castle & Cooke.

Lanai sits nine miles off the coast of Maui and is Hawaii’s sixth largest island.

It is the smallest inhabited island that is publicly accessible. The lush land mass  boasts two vacation resorts, two golf courses and a variety of residential and commercial buildings. However,  Lanai remains relatively unspoiled by development and tourism, with streets without stoplights, traffic, and terrain only accessible by vehicles with four wheel drive.

International Travelers are nearly universally drawn to Hawaii Lands unspoiled by development and tourism so Lanai will be high on the list for those interested in visiting and possibly securing prime Lanai property.

International Travelers take note!