Posted on 12/14/2020 2:34:03 PM PST by lasereye
Oracle Corp. co-founder Larry Ellison said he has moved his primary residence to Hawaii, becoming the latest Silicon Valley executive to depart the state where they built their fortunes.
Ellison, the world’s 11th-wealthiest person, notified his staff Monday of the move. Recode first reported the executive’s decision, which followed Oracle’s announcement Friday that it had shifted the company’s headquarters to Austin, Texas, from Redwood City, California.
“I’ve received a number of inquiries about whether or not I will be moving to Texas,” Ellison wrote in a memo to Oracle’s employees. “The answer is no. I’ve moved to the State of Hawaii and I’ll be using the power of Zoom to work from the island of Lanai. Mahalo, Larry.”
Ellison, 76, who has a net worth of about $75 billion, according to data compiled by Bloomberg, owns 98% of Lanai, Hawaii’s sixth largest island that’s mostly made up of Ellison’s luxury hotels and resorts.
(Excerpt) Read more at finance.yahoo.com ...
Not much better.
Sounds like a plan that has been in place a while, given he owns 98% of the island. Interesting, maybe he’ll secede and have his own country.
So his company is in Austin and he is in Hawaii. Sounds like has put more distance between himself and his company.
Frying pan —> 🔥
Apparently, California was no longer leftist enough for him.
Well, when you own 98% of your island, I’m guessing that whatever the politicians in Honolulu do or don’t do doesn’t affect you much.
Hawaii’s a leftist shithole.
Yes, he’s well insulated.
Well then he should fit right in. As his employees will fit right in Austin. Another leftist shithole that real Texans don't even recognize as part of the state.
RE: Oracle’s Larry Ellison Says He Has Moved to Hawaii, Fleeing California
I thought his company’s HQ moved to Texas.
See here:
So, he’s going to direct operations remotely from the Islands?
Stupid urinalysts, the island is mostly empty, very few resorts.
“Hawaii’s a leftist shithole.”
Yabbut, the temp right now is in the low 80’s.
“Not much better.”
ROTFLMAO!
“Apparently, California was no longer leftist enough for him.”
Apparently you are not aware that he essentially owns the island.
Ellison is far from a leftist. He held fundraisers for Trump.
Ellison bought the island for only $300 million, a steal. He has spent far more than that ($450 m) renovating his Four Seasons hotel on the island.
Get rid of Mazie Hirono.
I live on the BI of Hawaii. He will be quite at home in our Banana Republic. We will welcome his tax payments to both the state and Maui County.
Certainly Lanai is a step up from California. He has the ultimate Gated community now.
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