8 billionaires with the craziest private islands
Apart from expensive cars, yachts, and homes, the rich like to spend huge sums on beautiful private islands.
When it comes to spending millions of dollars on luxury, billionaires around the world don’t back down to show they want the best. When buying expensive homes and supercars doesn’t satisfy the appetite, they take it to the next level and buy islands for themselves. While buying an island has a starting price of just $ 50,000, billionaires have bought the most expensive and exclusive islands. With the competition growing to stay on top, these billionaires have only one motivation for mindless shopping: to leave a mark in the world by accomplishing a feat no one has done.
From American property developers to British tycoons, these billionaires have gone out of their way to buy the most beautiful and serene islands in the world. Offering breathtaking views of huge estates, these islands are as beautiful as they are expensive. Let’s take a look at the Crazy and Expensive Islands owned by billionaires.
8 Ted turner
Best known for bringing the world’s first 24-hour news channel to the world, Ted Turner has a net worth of $ 2.2 billion. His high bank balance helped him buy St. Phillips Island thirty-five years ago on the coast of South Carolina. The 4,680-acre property has a 70-acre long, white sand beach. As mentioned by Forbes, Turner put the property up for sale for $ 23.8 million and it was purchased five years later.
7 Sir David and Sir Frederick Barclay
Sir David and Sir Frederick Barclay, known as the Barclay Twins, established a $ 9.7 billion hotel and real estate business empire. The twins own the island of Brecqhou located on the east coast of Sark on the English Channel. The 72-acre island has its own pub, chapel, village and vineyards. The most notable feature of the island is the magnificent Brecqhou Castle which is worth $ 82 million.
6 Larry Ellison
Oracle co-founder Larry Ellison grew big when he set out to bring billionaire’s ultimate heaven to life. He bought 98% of the beautiful island of Lanai in Hawaii for $ 300 million in 2012, as stated Scmp. The island is home to 3,200 inhabitants and offers wonderful resorts, serene beaches and rugged terrain. The billionaire has reportedly moved to Lanai following the coronavirus pandemic.
5 Dietrich mateschitz
The founder of the Redbull winged drink, Dietrich Mateschitz, sits at No. 56 as the richest person in the world. With $ 26.8 billion in the bank, Mateschitz did not hesitate to buy the 3,500 acres of Laucala Island in Fiji. The island has tropical forest, white sandy beaches and coconut palms. The billionaire bought the island for $ 10 million in 2003 and turned it into a resort where guests can stay for a starting price of $ 5,600 for one night.
4 John malone
Billionaire John Malone bought a heartwarming island called Sampson Cay in the Bahamas. With a net worth of $ 7.9 billion, Malone is among the richest people in America. According to Property of lovers, the island was open to the public until 2013 before Malone turned it into a private island for his friends and family. Out of 31 acres, 21 acres of land are on sale for a staggering $ 14.5 million.
3 Sir Richard Branson
Billionaire mogul and eccentric Sir Richard Branson is quite famous for his spending and lavish lifestyle. Branson took part of his $ 6.5 billion to buy two beautiful islands: Necker Island in the British Virgin Islands and Moskito Island. He bought the first island for just $ 120,000 and turned it into an eco-resort. The second island is also a celebrity scouting hotspot, and it was purchased for $ 12.5 million in 2007. It features luxury villas, nature trails, and an organic garden. 80% of the island’s energy resources are renewable.
2 Bill Gates
Landing in fourth place in the ranking of the richest people in the world, Bill Gates spent a small amount of his fortune of $ 124 billion to buy the island of Grand Bugue in Belize. Purchased in 2006, the 314 acres of the island are worth $ 25 million. The island of Bugue offers possibilities for water sports and fishing. It offers a calming view of the ocean surrounded by palm trees and coconut palms, as indicated by Addicted 2 Achievements. In addition, the island also has a lush forest at the back.
1 Romain Abramovich
Russian billionaire and owner of English football club Chelsea, Roman Abramovich, has built an empire worth $ 15.3 billion. Known for his infamous purchases like his $ 400 million yacht, the billionaire grabbed the headlines after buying an island in St. Barts for $ 90 million. The 70-acre island offers magnificent views of the Blue Lagoon, the property’s swimming pools and tennis courts.
Being multi-billionaires, these tycoons might find it a challenge to find ways to offload their bank balances brimming with ever-increasing net worth. These islands are a perfect getaway for them to step out of the limelight and prying media attention to get a much-needed break from their busy schedules.
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Sources: Forbes, Scmp, Property of lovers, Addicted 2 Achievements
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