Larry Ellison just added another prize possession to his personal portfolio: his own Hawaiian airline.
As we previously reported, Ellison was considering buying Island Air to help people get to Lanai, the Hawaiian Island he owns. Today, the sale became official; terms of the deal were not disclosed.
Buying an airline is a very Ellison-like thing to do. Ellison is a pilot who collects planes. His son is a stunt pilot, too.
And when the fabulously wealthy CEO of Oracle isn't running his company, he spends a lot of his time collecting extravagent things, like mansions, yachts and golf courses.
An island
Ellison bought 98 percent of the Hawaiian island, Lanai, a part of the state of Hawaii that was sale for between $500 and $600 million.
He's turning it into an eco-friendly experiment, building out its resorts and sustainable farms.
A gigantic mansion in Woodside, Calif.
His flagship mansion was styled to look like a feudal Japanese village. It has a two-acre man made lake.
The house is worth about $110 million.
He also owns a gigantic golf course
Ellison owns a 249 acre estate in Rancho Mirage, California known as Porcupine Creek. It includes a private golf course.
It cost him $42.9 million.
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