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Larry Ellison Leaves California And It s High Taxes Behind, Moves To His Hawaiian Island

Larry Ellison bought 98% of the Hawaiian island of Lanai in 2010. Now, he s leaving his posh California estate behind and moving to Hawaii. He is making his primary residence on Lanai now, making him the latest tech executive to leave the golden state. He notified his employees of his move last week. His announcement followed the recent news that Oracle is moving its headquarters to Austin, Texas. The company has been headquartered in Silicon Valley since its founding in 1977. Many assumed that Ellison would be moving to Texas with Oracle. In a memo to Oracle employees, he said: I ve moved to the state of Hawaii and I ll be using the power of Zoom to work from the island of Lanai. Mahalo, Larry.

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