Ellison moves to evil criminal mastermind status by buying his own volcanic island -

Larry Ellison has moved from CEO to a Bond character, splashing his cash on Hawaii's sixth largest island.

The co-founder of Oracle has bought 98 percent of the Lana'i island - known once as Pineapple island, from fellow billionaire David Murdock.

Although the sale sum has not been disclosed, it is thought the third richest US citizen may have paid between $500 million and $600 million for the island.

"It is my understanding that Mr. Ellison has had a long standing interest in Lanai. His passion for nature, particularly the ocean, is well known specifically in the realm of America's Cup sailing," Hawaii Governor Neil Abercrombie said in a statement.

"We look forward to welcoming Mr. Ellison in the near future."

With his cash, Ellison not only gets two luxury resorts thrown in, but also moves up in our estimations of Bond villan wanna-be.

He also gets to not so subtly spy on his tech rivals as Microsoft billionaire Bill Gates is a fan of the island. So much so that he booked every hotel room on the island for his 1994 wedding.

Better watch your drink, Mr Gates.