You gotta love the emails Larry Ellison’s (fifth richest person in the country) accountant sends him [from paul k]:
At the bottom of a document that detailed Ellison’s 2000 debt load, Simon had scrawled a rough accounting of Ellison’s lavish spending, according to deposition testimony:
- Life Style — annual $20m
- Interest Accrual — annual $75m
- Villa in Japan — $25m
- New Yacht — $194m — over 3 yrs
- America’s Cup — $80m — over 3 yrs
- UAD — 12m over 3 yrs.”
I wonder what UAD is… “Ultra Appealing Diamonds”? “Underground Antarctica Dome”? “Underage Agressive Dogs”? Inquiring minds want to know.


