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Billionaires

Remember when Larry Ellison bought 98 percent of Lanai? The Times talks to locals on the small Hawaiian island, who have "been owned and exploited by one really rich guy or another" for 150 years and who aren't sure what the software billionaire's plans are. Some think "Ellison might have saved our community" in wanting to beef up tourism; others call this "a passion purchase." [previously; NYT]