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Upon Hawaii statehood in 1959, Lanai became part of the Maui County. In 1985, Lanai passed into the control of David H. Murdock as a result of his purchase of Castle & Cooke, which was then the owner of Dole. High labor and land costs led to a decline in Hawaii pineapple production in the 1980s, and Dole phased out its pineapple operations on ...
Lanai, the smallest inhabited island in Hawaii, is home to 3,200 residents, two hotels, several restaurants, and other businesses. Ellison owns a 98% stake in the island that he bought for $300 ...
As a result of his purchase of Castle & Cooke, Murdock acquired ownership of 98% of Lanai, the sixth-largest island in Hawaii. In June 2012 Murdock sold his interest in Lanai to Larry Ellison. [13] He owns other companies, including Pacific Clay. [11]
But he has said his primary home is on the island of Lanai in Hawaii. He reportedly paid $300 million for almost all of that island 10 years ago. ... Ellison bought the Mediterranean-style, 300 ...
Oracle billionaire Larry Ellison bought 98% of the island of Lanai in 2012 for an estimated $300 million.
In the 1970s, as sugar plantations closed, many of the Big Five companies themselves were bought out. Where the companies are now: [citation needed] Theo H. Davies & Co. was bought in 1973 by Scottish-controlled Hong Kong firm Jardine Matheson. Until December 2004 it owned the Pizza Hut and Taco Bell franchises in Hawaii. The sole remaining ...
The purchase was rumored to be around $500 million, and according to the Pacific Business News, “Lanai is believed to be the largest privately held island in the United States, with nearly 50 ...
Four Seasons Resort Lanai is a Four Seasons resort hotel located in Lanai City on the island of Lānaʻi, the smallest and least inhabited of Hawaii's six major islands that once was recognized for its pineapple plantation. The island of Lānaʻi hosts two other hotels, Sensei Lanai, A Four Seasons Resort (previously known as "The Lodge at ...