> . . . "take Oracle's founder, Lawrence J. Ellison. Mr. > Ellison's net worth last year was around $16 billion. > * * * Mr. Ellison would need to spend more than > $30 million a week simply to keep from accumulating > more money than he already has, to say nothing of > trying to spend down the $16 billion itself. He spent > something like $100 million on his Japanese-style > mansion . . . * * * Mr. Ellison would have to spend > that $30 million a week - $183,000 an hour - on things > that can't be resold, like parties or meals, just to aovid > increasing his wealth. * * *
He has been reported to have already spent more than $100-million to win some sailboat races in his Quest for the "America's Cup" and to spend more than that sum in is (so far unsuccessful) such Quest. http://valenciasailing.blogspot.com/2007/01/larry-ellison-wants-americas-cup-every.html http://edition.cnn.com/2002/WORLD/sailing/10/02/lvcup.men.biz/index.html
