All but 2% of the island of Lanai was purchased in 2012 by billionaire Oracle founder Larry Ellison for a reported $300 million, including its two luxury resorts, the Four Seasons Resort Lanai at Manele Bay and the Four Seasons Lanai, the Lodge at Koele; two 18-hole golf courses; several luxury home developments; and the island's utilities. Lanai is beloved for its lunar landscape of Keahiakawelo, the Garden of the Gods, golf at its two championship courses and, of course, its famed beaches.