The Counterpoint Group would like to congratulate Larry Ellison for winning the America’s Cup on Sunday. For the first time since 1995, America will once again play host to the America’s Cup. Larry Ellison, the founder of Oracle has spent nearly $400 million in his pursuit to bring the Cup home. His BMW Oracle team beat defender Alinghi, a Swiss team which was supported by billionaire Ernesto Bertarelli.
Ellison is one of only a few American CEO’s to be able to kiss the trophy. His fellow CEO’s include CNN founder Ted Turner, Bill Koch and Harold Vanderbilt.
The America’s Cup dates back to 1851.
