Ellison Becomes Latest Billionaire Island Owner

June 21 (Bloomberg) -- Bloomberg's Betty Liu reports that Oracle Corp. CEO Larry Ellison is purchasing 98 percent of the Hawaiian island Lanai. Ellison joins the ranks of billionaires owning their own islands along with Virgin Group co-founder Richard Branson and Microsoft founder Bill Gates. She speaks on Bloomberg Television's "In The Loop."

IMF's Obstfeld on World Economic Outlook
42:21 - Maurice Obstfeld, chief economist at International Monetary Fund, discusses the IMF's World Economic Outlook, with a focus on China, the post-Brexit U.K. economy, and the potential economic impact of U.S. President-elect Donald Trump's policies. He speaks with Bloomberg's Mark Barton on "Bloomberg Markets." (Source: Bloomberg)
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