HAWAII
NOTE: Lanai is Hawaiian word for Porch
SITUATION:
Gradually Getting Rid of Businesses & Re-Building the Island;
Ellison is every body’s boss & landlord –so no alternatives;
Gives little explanation for actions
No good way to stay on Ellison’s good side;
SOLUTIONS:
Ellison wants to turn Lanai into a sustainable enterprise;
Locals no longer take him at his word;
Looks like Lanai becoming Play Ground for Rich;
STATS;
Ellison has spent $90B to improve the Island;
$300 M purchase came with 98% of Lanai’s 90,000 acres, +
Plus two Four Seasons resorts
SOURCES:
Business Week Cover Story;“ Losing Paradise”
https://www.bloomberg.com/graphics/2022-oracle-larry-ellison-lanai-hawaii-plans-tourism
