Larry Ellison, one of the world’s wealthiest people, has moved to the state of Hawaii. He’s the latest billionaire to leave California in 2020.

Ellison, the founder of the software giant Oracle, made the disclosure to employees in a company-wide note on Monday afternoon after Oracle announced that it was moving its headquarters to Austin, Texas.

“Following Friday’s announcement … I’ve received a number of inquiries about whether or not I will be moving to Texas,” Ellison wrote. “The answer is no. I’ve moved to the state of Hawaii and I’ll be using the power of Zoom to work from the island of Lanai,” he added, signing off the email with a “Mahalo.”

Read More →