While NetSuite slows, Sailboats are raced, Islands are purchased
“detail how much money larry ellison, oracle has spent on non-netsuite related nonsense, in particular sailboat races and island getaways to hawaii, etc”
Here are the verified details on how much Larry Ellison has spent on non-NetSuite-related endeavors, particularly sailing and Hawaiian island acquisitions:
America’s Cup Sailing Campaigns
Ellison has invested heavily in sailing, particularly in the America’s Cup, with Oracle Team USA. His estimated total expenditures exceed $750 million, including:
- $115 million spent on the 2013 America’s Cup defense. (CNN)
- Multi-year investments in America’s Cup campaigns over several decades. (Scuttlebutt Sailing News)
Lanai, Hawaii Acquisition & Investments
- 2012 Purchase of Lanai: Bought 98% of the island for approximately $300 million. (The Real Deal)
- Resort Upgrades: Spent $450 million upgrading the Four Seasons Resort Lanai. (Wikipedia)
- Agricultural Venture (Sensei Ag): Invested over $500 million into advanced farming technology on Lanai, but the project has struggled. (Wall Street Journal)
Total Estimated Spending
- Sailing (America’s Cup): ~$750 million
- Lanai Island Acquisition & Development: ~$1.25 billion
Grand Total: ~$2 billion spent on personal ventures unrelated to Oracle or NetSuite.
