Oracle CEO to experiment on his Hawaiian island
Oct 02, 2012 | 1017 views | 0 0 comments | 2 2 recommendations | email to a friend | print
In this Aug. 26, 2012, file photo, Larry Ellison CEO of Oracle Corporation, watches from a boat during the finals of the America's Cup World Series sailing event in San Francisco. Ellison wants his sailing team to have a temporary winter base at a boat harbor on the Hawaiian island he recently purchased.(AP Photo/Eric Risberg, File)
In this Aug. 26, 2012, file photo, Larry Ellison CEO of Oracle Corporation, watches from a boat during the finals of the America's Cup World Series sailing event in San Francisco. Ellison wants his sailing team to have a temporary winter base at a boat harbor on the Hawaiian island he recently purchased.(AP Photo/Eric Risberg, File)
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SAN FRANCISCO (AP) — Oracle CEO Larry Ellison says he plans to turn the Hawaiian island that he recently bought into a laboratory for experimenting with more environmentally sound ways of living.

Ellison says he hopes to convert sea water into fresh water on the 141-mile-square mile island of Lanai. He also wants more electric cars on the island and hopes to increase its fruit exports to Japan and other markets.

Ellison made the remarks in San Francisco in an interview with the financial news channel CNBC that focused mostly on Oracle Corp., a software maker that he has been running for 35 years.

Oracle's success has minted Ellison with an estimated fortune of $41 billion. He bought most of Lanai from billionaire David Murdock in June for an undisclosed price.
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