Lanai is the sixth-largest of the Hawaiian Islands and the smallest publicly accessible inhabited island in the chain. It is colloquially known as the Pineapple Island because of its past as an island-wide pineapple plantation. The island's only settlement of note is the small town of Lanai City. As of 2012, the island is 98% owned by Larry Ellison, cofounder and chairman of Oracle Corporation; the remaining 2% is owned by the state of Hawaii or individual homeowners.