February 14, 2014 |
We've all been there, right? You've just bought your first Hawaiian island. Your own little slice of paradise. But now what do you do with it? Larry Ellison, billionaire, yacht racer, chief executive of Oracle Corp., has been grappling with this dilemma ever since he bought the Hawaiian island of Lanai back in June 2012. PHOTOS: 10 ways to use the sharing economy Now, however, he appears to have figured it out. And the recently launched Love Lanai website gives us a glimpse into his plans. Among the highlights: Ellison will be holding some international festivals on the island, including the Lanai International Film Festival in 2015.
January 12, 2014 |
Katy Perry has tidied up some old business, selling her fortress-like compound in Hollywood Hills West for $5.565 million. The pop singer bought the property in 2011 with her then-husband, actor RussellBrand, for $6.5 million. But the couple never moved in and were divorced in 2012. The double-gated Mediterranean-style house, built in 1925, features an impressive baronial stone foyer with a sweeping staircase. A two-story living room, stained-glass windows, a carved fireplace mantel in the living room, a pub, a study and a media room are among other features.
November 30, 2013 |
Keeping it in the entertainment industry, Aziz Ansari of "Parks and Recreation" has bought a house in Los Feliz for $2,686,950 from director Andrew Douglas . Designed by Buff & Hensman and built in 1968, the Mid-Century Modern post-and-beam home features an inner courtyard that leads to a two-story central hall, 20-foot-high vaulted ceilings, exposed beams and walls of glass. A living room/dining area and den/study sit on either side of the kitchen, which has ample space for making "sandoozles" (Ansari slang for sandwiches)
November 12, 2013 |
Megan Ellison, a film producer and the daughter of Oracle head Larry Ellison, has sold her three-house compound in Hollywood Hills West for close to $47 million. The first sale, which closed in the summer at $20.5 million, was of the 2010 Esquire magazine design house, described then as “the ultimate bachelor pad.” The four-bedroom, seven-bathroom contemporary was purchased by Megan Ellison in 2010 for $13.75 million. Then late last month the other two houses sold together for $26.25 million.
September 29, 2013
Re "Team USA rides a comeback wave," Sept. 26 Congratulations to The Times for finally getting coverage of the America's Cup race on the front page. The only losers in this event are the people who didn't watch it. To see those 7-ton catamarans gliding over the water at 50 miles an hour like prehistoric pterodactyls, balanced on a single rudder tipped with a hydrofoil wing, was beyond belief. As an engineer whose highest achievement in sailing is getting a 14-foot Hobie Cat to fly a hull, I cannot imagine what had to go into the design of those creations, to say nothing of the skill of those who sail them.
September 10, 2013 |
Larry Ellison, prince of Silicon Valley, is richer than God. But even Ellison can't always get what he wants. In 2010, Ellison's Oracle Team USA won the America's Cup, the 162-year-old yacht race that pits big personalities and big pocketbooks against wind, currents and radical boat design. The victory gave him the right to set the rules for where and how the next cup would unfold. He chose San Francisco Bay as the location, and set specs for the boats: They would be seven-ton catamarans, 72 feet long, with 13-story carbon-fiber fixed "wingsails.