Oracle founder Larry Ellison reportedly purchased 98% of the Hawaiian island of Lanai which is the start of the annual Maui Channel Swim and site of 234 swimmers who have crossed the 9.6-mile channel.

The third-richest American with a net worth of US$36 billion, the US$500+ purchase of the sixth-largest island in Hawaii, loves big things. From his estates in California to his 254-foot Rising Sun private yacht, Ellison puts his personal wealth to good work.

According to government documents, Ellison will pay cash for the transaction that he worked out with another American billionaire, 89-year-old David Murdock, who sold him the island through Castle & Cooke. The state of Hawaii only owns 2% of the island that is home to about 3,100 residents. In an official statement, Castle & Cooke said, “[Ellison] anticipates making substantial investments in Lanai and is looking forward to partnering with the people of Lanai to chart the island’s future.”

Hawaii Governor Neil Abercrombie remarked, “We look forward to welcoming Mr. Ellison in the near future. His passion for nature, particularly the ocean, is well-known, specifically in the realm of America’s Cup sailing.”

Let’s hope Ellison’s passion for the ocean extends to open water swimming and the continuation of the Maui Channel Swim and the challenge of solo crossings between Lanai and Maui as well as Lanai and Molokai.

Copyright © 2012 by Open Water Source


 

Join Open Water Source as a FREE Member or as a Premium Member

Register for FREE and see content that is not accessible to the general public.

Better yet, join Open Water Source as a Premium Member and get full access instantly.

Premium Membership:

See What You’re Missing!

Subscription Amount: $5.99/month

Access All Premium Content!

Open Water Source… Your complete source for open water swimming.


Register for a Chance to Win a Vacation!

Open Water Podcast Presenting the Open Water Vacation Giveaway

The Open Water Vacation Giveaway is provided courtesy of Open Water Source. Winners will be randomly selected from among those who register in advance for the 2012 Global Open Water Swimming Conference in Long Beach, California (September 21-23, 2012).

Click HERE for more information about the conference.


 

[SlideDeck id='7594' width='100%' height='300px']

Click HERE for more information about the Open Water Vacation Giveaway.

 


[SlideDeck id='3697' width='100%' height='300px']


SUNDAY, SEPTEMBER 23rd

North side beach at Marine Stadium in Long Beach starting at 9:00 AM

  • 100-meter newcomer swim
  • 800-meter swim (½ loop of the Olympic 10 km Marathon Swim course)
  • 1 loop of the Olympic Triathlon swim course (1.5 kilometers)
  • 3 loops of the Olympic 10 km Marathon Swim course (5 kilometers)
  • 6 loops of the Olympic 10 km Marathon Swim course (10 kilometers)

REGISTER ONLINE TODAY at OPEN WATER SOURCE EVENT REGISTRATIONS!


Register for the 2012 Global Open Water Swimming Conference in Long Beach, CA.

Join us from Friday, September 21 thru Sunday, September 23 at Marine Stadium!


Open Water Swimming Race Calendar

[SlideDeck id='1522' width='100%' height='260px']