Oracle founder and island owner Larry Ellison had a vision for yacht racing: it would be a sport so insane and magnificent, only the kings who ruled other kings could afford to participate. But in his pursuit of perfection, The Wind God went too far—his America's Cup racing team just got penalized for cheating.

Things are getting bad in San Francisco. Deadlocked benefit disputes between the city's BART train employees and municipals authorities have left hundreds of thousands of people who can't afford private cars or helicopters with no choice but to unmoor their yachts.

Software wealth emperor Larry Ellison, whose riches can now only be measured in parts of the Earth he legally owns, has reached a new mega-money milestone, the New York Times reports: His plans for the America's Cup sailing race are so expensive, dangerous, and insane, everyone else is quitting.