
Inside Hawaii
A Sweet History
The island was first purchased in 1922 by James Dole, the president of the Pineapple Company, which would later be renamed to Dole, the famed fruit company we know today. In 1985, David H. Murdock gained ownership of the island after purchasing Castle and Cooke, who owned Dole at the time. At one point in time—due to its history with Dole—Lanai was home to a plantation that produced 75% of the world’s pineapples. Most recently, Oracle’s Larry Ellison purchased Castle and Cooke’s share of the island for $300 million. Ellison plans to invest up to $500 million to add and improve the island’s infrastructure and create an environmentally friendly agricultural industry.
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