Tech execs' expensive toys

Tech CEOs and entrepreneurs are known for their flashy, luxurious possessions. Here are 9 of the most outlandish.

Larry Ellison's private island

Oracle CEO Larry Ellison is now the proud owner of Hawaii -- well, at least, part if it. The state's governor confirmed on Thursday that Ellison purchased about 98% of Lana'I, Hawaii's sixth largest island.

The techie joins the ranks of moguls like Richard Branson, whose private tropical getaway, Necker Island, can be rented exclusively for $53,000 a night. Maybe those at Facebook and Instagram can take their new fortunes and buy a piece of paradise.

By Erin Kim @CNNMoneyTech - Last updated June 22 2012: 5:16 AM ET
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Tech's highest-paid executives

You don't have to work at Oracle or Apple to be among the top-paid executives in the technology industry, but it helps.