Larry Ellison had purchased some 98 per cent of Lanai’s properties for $300 million more than a decade ago.
January 12, 2023 / 05:18 PM IST
Larry Ellison is the co-founder of Oracle.
Billionaire Larry Ellison owns an island in Hawaii. 98 per cent of the island of Lanai is his property. And yet when he was speeding, he reportedly could not get out of it triggering praise for the honest policeman doing his job well, locals channels say.
Ellison, the co-founder of Oracle Corporation and the sixth wealthiest person on the planet with a net worth of $108.3 billion, admitted that he was speeding and he ran a stop sign in his orange Corvette last October.
Bodycam footage of the interaction has been released to news channels where the officer who pulled him over is heard telling Ellison, “The reason I stopped you is you ran through the stop sign and you were kind of speeding there.”
“If I was, I’m sorry,” responded Ellison.
The tech mogul apologized and told the cop that he was trying to get home for dinner with his kids. “But there’s no excuse,” Ellison said. “There’s no good excuse.”
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Then, when the officer from the Maui police department asked to check his license and registration, Ellison, after a brief search admitted he didn’t have them on him.
The officer reportedly issued Ellison a citation.
Ellison had purchased some 98 per cent of Lanai’s properties for $300 million more than a decade ago.
Locals lawmakers praised the officer for doing his job and enforcing the law despite Ellison practically being his landlord.
“Some communities, as we all know, have let the elites just run wild,” Gabe Johnson, a Maui city council member who represents Lanai, told Hawaii News Now.
“To have one of our own police officers actually treat him like an equal just as everyone should be treated equally under the eyes of the law — I’m proud to say, ‘Nice job, MPD,'” he said.
Moneycontrol News
first published: Jan 12, 2023 05:15 pm
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As a seasoned expert in the realm of technology, business, and corporate leadership, I bring a wealth of knowledge and experience to the table. My insights into the world of high-profile individuals, particularly those in the tech industry, are grounded in a deep understanding of their professional journeys, business ventures, and even personal incidents that showcase their human side. Today, I'll delve into the intriguing case involving Larry Ellison, the co-founder of Oracle Corporation, shedding light on various facets of the incident that unfolded on the island of Lanai.
Larry Ellison's prominence in the tech world as a co-founder of Oracle and his status as the sixth wealthiest person globally with a net worth of $108.3 billion underscore the gravity of his influence. Beyond his professional achievements, Ellison's personal life, including his ownership of 98 percent of Lanai, a Hawaiian island he acquired for a staggering $300 million over a decade ago, showcases the extent of his wealth and ventures.
The incident in question revolves around Ellison's encounter with law enforcement on the island. Reports suggest that despite owning a significant portion of Lanai, Ellison found himself subject to the law when he was pulled over for running a stop sign and speeding in his orange Corvette. The bodycam footage of the interaction reveals an interesting dynamic where the police officer, despite Ellison's status as a billionaire and practically his landlord, carried out his duties diligently.
Ellison's acknowledgment of the traffic violations and his apology to the officer highlight a moment of humility, emphasizing that even influential figures are not above the law. The officer's professionalism in issuing a citation, despite Ellison admitting to not having his license and registration, reflects a commitment to enforcing the law impartially.
The local community's response, particularly the praise from lawmakers, adds a layer of significance to the incident. Gabe Johnson, a Maui city council member representing Lanai, commended the officer for treating Ellison as an equal, emphasizing the importance of equality under the law.
In essence, this episode involving Larry Ellison provides a glimpse into the intersection of wealth, power, and the rule of law. It underscores the idea that, irrespective of one's status, adherence to traffic rules and regulations is paramount. The incident also reflects the broader societal sentiment regarding the accountability of the elite and the role of law enforcement in upholding justice.
Tags such as #Hawaii, #Larry Ellison, #Larry Ellison island, #Larry Ellison speeding, and #Oracle encapsulate the key elements of this incident, offering a comprehensive understanding of the context and the individuals involved. The article, published on January 12, 2023, at 05:15 pm, serves as a noteworthy documentation of a moment where the rule of law prevailed, even in the presence of considerable wealth and influence.
