Did you know that for certain individuals, having their billionaires private island is not unusual? Naturally, we are discussing a group of extremely wealthy billionaires who own private island. These folks might do well to invest their money or just brighten their lives by purchasing a private island in Hawaii.
However, private islands owned by billionaires prices may be extraordinarily high, reaching up to $600 million for a single island. The most costly island, Lanai, has a price tag of almost $610 million. And this island isn’t only one of Hawaii’s greatest; it’s also the most costly private islands owned by billionaires on the entire globe. Learn more from our top ten most expensive private islands owned by billionaires in the world.
We all want to enjoy life to the fullest—to drive a luxury vehicle, occupy a large home, and enjoy all the comforts that it has to offer. What if you stepped it up and added one of the priciest luxury ships or the priciest island to your wish list? It is the ideal means of escaping to your own little hideaway, apart from the chaos of daily life.
With pristine blue oceans on all sides, this paradise is the perfect place to retreat and collect your thoughts. You may want to take a much-needed break and spend a few days alone, or you might elect to fly with your family for a brief get-together. Owning your own billionaires private island is a luxurious vacation destination in addition to being a great investment. We have the list, even if you’re simply interested.
1. Lanai Island | Owned By Larry Ellison | $500-$600 Million
In Hawaii, Larry Ellison doesn’t only own a house; he also owns a whole island.
Oracle’s millionaire founder chose to purchase the property in 2012 after visiting the isolated Hawaiian island of Lanai and falling in love with it. With a $300 million investment, he acquired 98% of the island, which has roughly 90,000 acres of land, a population of 3,200 people, and two Four Seasons resorts.
Tom Reolens, the general manager, gave “Secret Lives of the Super Rich” on CNBC a tour of the Four Seasons Resort Lanai. What it’s like to stay at Ellison’s five-star tropical retreat is described here.
Visitors are given royal treatment here. You are alone on this island, Reolens explains. “Everything one may want to do is right here for you to do.”
The hotel’s multimillion-dollar collection of Polynesian art gives visitors a taste of the local culture as soon as they check in.
A drop-down television, three luxurious bedrooms, ocean vistas, and custom parchment wall coverings are all included in the penthouse suite. It costs $21,000 a night, making it the costliest hotel suite in all of Hawaii, according to “Secret Lives of the Super Rich.”
A botanical garden of native plants and koi ponds outside lend whimsy and charm to the already lush surroundings.
Price: $500-$600 million
Owner: Larry Ellison
Business: Entrepreneur and co-founder of Oracle
Area: 89,920 acres
2. New Holland Island | Owned By Roman Abramovich| $400 Million
Before Roman Abramovich, a Russian business tycoon paid $400 million for the 18-acre island, New Holland Island in Russia’s Saint Petersburg Canal, was a military facility. The island is named for the parts of Amsterdam that it resembles.
The triangle island is currently up for renovation, and Roman Abramovich intends to transform it into a cultural hub. A bid for renovating this island has been issued to architects. In another six years, this island’s new appearance is anticipated to be unveiled.
The island of New Holland, which was established in the middle of Saint Petersburg by Peter the Great in 1719, has witnessed the development of Russia’s northern capital throughout history and, in its most recent incarnation, stands as a symbol of its future.
The tender for the reconstruction of New Holland Island was won in 2010 by Millhouse LLC, a business controlled by Russian billionaire Roman Abramovich.
Millhouse recruited the help of a variety of professionals from many cultural sectors to help in the rebuilding of this special island as a public place while working with the Iris Foundation, a non-profit organization whose goal is to support and enhance modern culture and art.
New Holland Island, which was designed as a city inside a city, recently welcomed visitors in its updated form. 18th-century structures with their classical façade restored now surround a lush park and lake, providing a peaceful respite in a busy area of the city.
Place: Saint Petersburg, Russia
Price: $400 million
Owner: Roman Abramovich
Business: Millhouse LLC, Chelsea Football Club
Area: 18 acres
3. Necker Island | Owned By Richard Branson | £175,000
A 30-hectare (74-acre) island in the British Virgin Islands, Necker Island is located close to Virgin Gorda. The Virgin Limited Edition collection of luxurious properties includes the island, which is completely owned by Sir Richard Branson, head of the Virgin Group. Up to 40 people may be accommodated on the entire island, and there is additional space for six children.
The easternmost island in the British Virgin Islands, Necker Island, is situated at latitude 18.55 north and longitude 64.35 west. It is located around 5.9 kilometers (3.7 mi) north of Virgin Gorda and northeast of Prickly Pear Island and Mosquito Island, which is also owned by Branson and occasionally called Moskito Island.
The British Virgin Islands (BVI) are a series of islands located 1,815 km (1,128 mi) southeast of Miami, Florida, 184 km (114 km) directly east of San Juan, Puerto Rico, and around 175 km (109 mi) northwest of St. Barts.
The island’s name honors Dutch squadron captain Jonathan de Neckere from the 17th century. Until the late 20th century, it was deserted.
Place: British Virgin Islands
Owner: Richard Branson
Business: Owner – Virgin empire
Area: 74 acres
4. Skorpios Island | Owned By Ekaterina Rybolovleva | $150 – $200 Million
Private island Skorpios, sometimes known as Scorpios, is located in the Ionian Sea, slightly east of the island of Lefkada and off the western coast of Greece. A population of five people was recorded in the 2011 census. Administratively, it belongs to the Meganisi Municipality in the Lefkada Regional Unit.
The island, which is 83.2 hectares (205 acres) in size, has a twisted shape with primary axes that are 1500 meters and 1000 meters apart. It is extensively wooded from south to north and has more than 200 different species of trees that Aristotle Onassis brought to the formerly sparsely populated island.
A few of the beaches are sandy, most notably East Beach, which was built by Onassis using sand transported from Salamis Island. Three homes, a helipad, and a boat wharf are located there. Onassis also constructed port facilities on the bay’s north shore for his boat Christina O. The mountain that supplies the island’s water is located on another adjacent island and is said to be worth roughly 100 million euros.
Price: $150 – $200 million
Owner: Ekaterina Rybolovleva
Business: Russian billionaire heiress
Area: 1,433 acres
5. Musha Cay Islands | Owned By David Copperfield | $150 Million
A 700-acre (280 hectares) privately owned island, Musha Cay is part of the Exuma Chain in the southern Bahamas. It lies 137 kilometers (85 miles) southeast of Nassau. David Copperfield, an illusionist, is the owner of it.
Musha Cay is surrounded by 3 smaller islands that protect the seclusion of its visitors. There can only ever be one party of visitors, which can have up to 24 people. Sergey Brin, a co-founder of Google, wed in May 2007 on Musha Cay. Musha Cay was designed by Howard Holtzman.
The illusionist desired his own paradise in order to construct yet another magical playground. David Copperfield, a well-known magician, paid $50 million in 2005 for the “Musha Cay Islands,” a collection of 11 tiny islets in the southern Bahamas.
This tranquil island is situated in the zone, which is home to the biggest group of private islands in the Bahamas. The island has been turned into a magical resort by the magician, complete with quests, treasure hunts, opulent villas, and water sports. This is all yours for a heavenly $32,250 per night!
Price: $150 million
Owner: David Copperfield
Business: Renowned magician
Area: 700 acres
6. James Island | Owned By Craig Mccaw | $19 Million
James Island is a town in the South Carolina county of Charleston. It is situated in James Island’s central and southern regions. James Island is a part of both the Charleston-North Charleston Urbanized Area and the Charleston-North Charleston Metropolitan Statistical Area.
Tadeusz Kosciuszko, a colonel in the Continental Army, commanded the final recorded military engagement of the Revolutionary War against the British on this same island on November 14, 1782, and he almost lost his life in the process.
Later, the Continental Congress promoted Kosciuszko to the rank of brigadier general in recognition of his contributions to the North and South, notably his outstanding support of General Gates at the Battle of Saratoga and remarkable work alongside General Greene in defending the South Region Army against Cornwallis forces, which eventually greatly weakened the British forces under Cornwallis’ leadership.
Craig McCaw, chairman of McCaw Cellular Communications, paid $19 million in 1994 to acquire James Island, which is 1.5 miles off the coast of Vancouver Island. The island has now been developed, but not at the expense of its pristine beauty. Only electric cars are used for transportation on the island, and smoking is prohibited.
Every single electric wire is buried. Additionally, the island has a large home of more than 5,000 square feet, a pool, an airport, a private dock, guest cottages, and a golf course created by the great golfer Jack Nicklaus.
Price: $19 million
Owner: Craig McCaw
Business: U.S. cell phone pioneer
Area: 780 acres
7. Rooster Cay/Long Cay | Owned By Eddie Murphy | $15 Million
Long Cay, originally Fortune Island, is an island in the Bahamas that is part of the same lagoon as Acklins Island and Crooked Island. It is located in the district of Acklins and Crooked Islands and is 8 square miles (21 km2) in size. It has 29 residents as of 2010.
The western arm of Crooked Island is extended by Long Cay, which is to the west of the small lagoon known as the Bight of Acklins and is connected to it by a canal about one mile wide. Albert Town is the largest town and is presently mainly abandoned. Approximately 500 meters from Albert Town was the historic village of Douglas Town.
The island’s Great Salt Pond is located in the center. Christopher Columbus referred to it as Cabo Hermoso and dubbed the southernmost point Windsor Point.
Eddie Murphy, a comedian and one of the highest paid celebrities, paid $15 million in 2007 to buy Rooster Cay, a luxurious island paradise. This island is within a short distance of the Bahamas town of Nassau. It is thought that Rooster Cay is suited for potential economic development.
However, it is yet unclear if the island would become a luxurious resort or whether it would continue to be a simple paradise for the actor to enjoy on his own time. Another Bahamian Cay named “Pearl” is said to be owned by the actor.
Price: $15 million
Owner: Eddie Murphy
Area: 15 acres
8. Mago Island | Owned By Mel Gibson | $15 Million
Located in the northern Lau Group of islands in Fiji, Mago Island is a volcanic island. The uninhabited island is 22 square kilometers (8.5 square miles) in size and is one of the biggest private islands in the southwest Pacific Ocean. Mel Gibson, an actor and filmmaker, owns the island outright.
The little island of Namalata, which is close to Vanua Balavu and where descendants of the ancient Mago residents still live, is approximately 14 miles (23 kilometers) southwest of the Fijian capital city of Suva and 166 statute miles (ENE) from the Mago. Currently, just a few caretakers of Indo-Fijian heritage live on Mago Island, which is still mostly underdeveloped.
Along with other well-known individuals, actor Mel Gibson now has a property on the Fijian islands. In 2005, he paid a cool $15 million for the tropical island known as “Mago Island.” It’s interesting to note that this island is also one of the biggest privately owned islands in the South Pacific.
It is nearly the size of a tiny nation! And no, Mel Gibson does not want to build a resort there, keeping the area’s natural beauty intact. All this Fijian paradise would need is a simple holiday house. I can hear the environmentalists exhaling in relief!
Price: $15 million
Owner: Mel Gibson
Area: 5,400 acres
9. Robins Island | Owned By Louis Moore Bacon | $11 Million
A 435-acre (1.76 km2) island, Robins Island is located in Peconic Bay at the eastern tip of Long Island, off the shore of New Suffolk, New York. The island, which is not publicly accessible and is privately owned, is under the control of the Town of Southold in Suffolk County, New York, in the United States.
Wall Street investor Louis Bacon bought Robins Island in 1993 for $11 million in a bankruptcy court auction. Bacon is the owner of the island. Bacon has made enormous efforts in restoring the abandoned island, even going so far as to import mature oak trees to replace those that were cut down for timber years ago.
Hunters decreased an overpopulated deer population, and some non-native grasses were substituted on the island. The Eastern mud turtle, one of the state’s most abundant turtle species, is found on the island.
Traditional English “driven pheasant” hunts are something that Bacon is famous for organizing for his visitors to the island. Three major residences, as well as guest cottages, caretaker quarters, and a number of barns and outbuildings, are present on the site.
10. Allan Island | Owned By Eric C. Anderson | $13.5 Million
A 292-acre (118-hectare) private island bordering Rosario Strait, Allan Island is located in Skagit County in northwest Washington (state). The closest city and airport are at Anacortes, on Fidalgo Island, which is next to Burrows Island.
It was given this name as part of the Wilkes expedition in 1841 in memory of Lieutenant William Henry Allen, who died while in charge of the USS Argus (1803) during the War of 1812.
The island was bought in 1992 by Microsoft entrepreneur Paul Allen. Allen had planned to construct a holiday home on Allan Island, but in 1996, he decided to switch his preference and purchase a different piece of property in the San Juans.
Allan Island was put up for sale in 2005 for $25 million, but no purchasers appeared. 2011 saw Allen make another $13.5 million attempt to sell the island. In the end, he obtained $8 million, selling it in December 2013.
The current owner of Allen Island is Eric C. Anderson, co-founder, and chairman of Space Adventures, a commercial spaceflight business that promotes space tourism.
Place: San Juan Islands
Price: $13.5 million
Owner: Eric C. Anderson
Business: co-founder and chairman of Space Adventures
Area: 292 acres