Prepare to be jealous: Wednesday night, Hawaii's governor Neil Abercrombie announced that Oracle Corporation CEO Larry Ellison has bought 98% of the Hawaiian island Lanai.
Lanai, Hawaii's sixth-largest island, was once famous for its pineapple fields. Now, it's more famous for its luxury resort life. Software mogul Ellison, the third richest person in America, has bought the island from previous owner David Murdock, the 89-year-old founder of Dole Foods. Reports have not officially revealed how much Ellison paid, but estimates range from $500 to $600 million. In the weeks before the governor's official announcement, speculation ran wild that Bill Gates was considering the purchase.