Basically, I think my question is, how do I get that much sustain?
Well, you don't really. It depends on the piano, but since it is not a sustained instrument, such as winds or strings, the sound will die away. The only thing you can act on is the timing, which brings me to a point which seems greatly overlooked in the other answers, that is of the musicality, or intention of the fermata.
Googling I see I am supposed to hold that note sometimes as long as double the original note's value
This misses the point. A fermata is a moment, your moment as an performer, to actually perform music, and make it speak. Beethoven's fifth opening is a musical monument, has a dramatic opening, and deserves to be played in a dramatic way. How to describe dramatic? Well, that is hard to say for sure, but if you keep the tempo throughout the fermata, you are almost certainly doing it wrong.
Fermatas should make the listener lose the sense of the tempo.
Composers like Beethoven are pretty good, and have a very good understanding of how to write music. If they meant a measured note, they'd write it as such. But they don't, they write a fermata, so that it is not measured.
A fermata is the moment at the end of Tristan und Isolde where Isolde cries her death, and makes everyone feel her sadness. It's the moment at the beginning of beethoven's fifth where you can feel the sorrow of life.
Feelings are rarely metrically computed, and fermatas should not be thought of in therms of how long we should hold them, but more of what are we actually trying to make our listeners feel.