A Sailor’s Salary: $300,000, If He Works for Larry Ellison

March 10, 2015 11:59 PM

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A Sailor’s Salary: $300,000, If He Works for Larry Ellison

A lawsuit against Larry Ellison ’s sailing squad, which has led to the seizure of one of his million-dollar boats, is also revealing how much the Oracle Corp. founder is willing to spend to win the America’s Cup: $300,000 a year for a rank-and-file sailor.

The litigation is the latest in a series of legal battles that have surrounded the billionaire’s sailing successes.

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