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Lanai buyer Ellison the wealthiest person in California

By Erika Engle

LAST UPDATED: 10:54 a.m. HST, Oct 29, 2013

At $46.4 billion, Larry Ellison is the wealthiest person in California, on a list of the top 50 wealthiest individuals in each U.S. state.

Ellison bought 97 percent of Lanai for a reported $300 million last year.

According to research by Wealth-X, which tracks and studies individuals of high net worth, nine states including Hawaii do not have a single billionaire.

Hawaii's wealthiest individual, according to Wealth-X research, is Jay Shidler, listed at No. 46 of 50 with a net worth of $0.7 billion, or $700 million.

The top two billionaires by state are Microsoft co-founder Bill Gates of Washington state at $70.8 billion, and investor Warren Buffet of Nebraska, at $59.8 billion.

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CriticalReader wrote:
Let's not beat around the bush. GIVE US SOME OF YOUR MONEY, Mr. Ellison!
on October 29,2013 | 08:27AM
false wrote:
No such luck. The guy doesn't believe in charity. Oh well, it is his money.
on October 29,2013 | 08:53AM
serious wrote:
Hey, he put Americans to work when he spent $200,000,000 of his own money to win the American Cup. Obama spent twice that amount to outsource Obamacare to Canada. Which one would you trust????
on October 29,2013 | 09:35AM
johndoe wrote:
I will take the successful private sector businessperson who manages their own money. They do their due diligence to their utmost capability prior to investing unlike Obama. "Hey not my money so lets just rack up the credit card!"
on October 29,2013 | 10:25AM
Bully wrote:
Hopefully he buys Island Air some new airplanes.
on October 29,2013 | 10:12AM
thepartyfirst wrote:
Or bring back the interisland ferry.
on October 29,2013 | 11:04AM
cojef wrote:
Yes probably even the Catalina flying boats or the bigger the PanAm 4 engined float planes.
on October 29,2013 | 12:05PM
false wrote:
I'd like for him to buy the Spruce Goose and get if operable and fly to Vegas!!
on October 29,2013 | 12:25PM
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