Tom Cruise flipped and totaled one of Larry Ellison's cars while on Ellison's $300 million Hawaiian island.

During a visit to Larry Ellison's Hawaiian island, Tom Cruise flipped and damaged one of the tech magnate's cars.

In 2012, Ellison paid $300 million for the Hawaiian island of Lanai, which he now owns for $86.9 billion.

He now controls 98 percent of the 90,000-acre island in Maui County, which has a population of 2,700 people.

There are two Four Seasons Resorts on Lanai, as well as a mix of individual homes and business properties.

A news organization looked at how the Oracle founder's purchase has impacted companies and families who have lived on the island for generations in the report.

For one thing, during the last decade, the island has begun to attract a wealthier clientele, including Tom Cruise, who visited Lanai immediately after Ellison purchased the island.

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