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Suddenly Everyone Is Buying Private Islands

Suddenly Everyone Is Buying Private Islands
Suddenly Everyone Is Buying Private Islands - Business Insider

Necker Island Wildlife, Caribbean
Richard Branson's Necker Island
Robert Libetti/ Business Insider
Private islands are all over the news.

It's rumored that Jay-Z is looking for a private island getaway for wife Beyonce and baby Blue Ivy, and Skorpios — the most famous private island in Greece — just sold to an anonymous Russian billionaire for $153 million.

Last month, the Emir of Qatar bought $11 million worth of islands, also in Greece. And Oracle honcho Larry Ellison spent a reported $600 million on his own Hawaiian paradise last year.

But lots of celebrities and wealthy people own their own private islands, which are, perhaps, the ultimate symbol of wealth. Here's a look at some of those owners.

Actor Johnny Depp paid $3.6 million for 45-acre Little Hall's Pond Cay, in the Bahamas, in 2004 after filming "Pirates of the Caribbean."

private islands
Wikimapia

Source: Huffington Post

Jay-Z is rumored to be spending around $3 million on an island in North Abaco, a district in the Bahamas, so he can have a private place to escape with wife Beyonce and baby Blue Ivy.

Hopetown lighthouse
Hopetown Lighthouse in the Abaco Islands, Bahamas
Wikipedia

Source: The Sun

Skorpios Island, off the coast of Greece, was the private island of the late Greek shipping billionaire Aristotle Onassis. It just sold to a Russian billionaire for $153 million.

private islands
Wikimedia Commons

Source: Business Insider

Hedge fund manager Louis Moore Bacon bought Robins Island, off the coast of Long Island, for $11 million in 1993.

private islands
Google Maps

Source: Business Insider

David Copperfield's Musha Cay is actually spread across 11 islands in the Bahamas. Penelope Cruz and Sergey Brin were both married there.

private islands
Wikimedia Commons/mushacay.com

Source: The Wall Street Journal

The Emir of Qatar recently spent $11 million on a group of six Greek islands in the Ionian Sea.

qatar sheik greek island
Google Maps/Wikipedia

Source: The Guardian

Celine Dion owns a private island 15 minutes from Montreal. She listed the property, which is home to a 24,000-square-foot-mansion, for $29.3 million in 2012.

celine dion house

Source: Business Insider

Russian mogul Roman Abramovich bought St. Petersburg's New Holland Island in 2010 with the intention of building a $400 million art museum.

private islands
Wikipedia/Google Maps

Source: The Telegraph

Mel Gibson bought Fiji's Mago Island from a Tokyo-based corporation for $15 million in 2005.

private islands
Wikimapia

Source: Forbes

Microsoft cofounder Paul Allen owns a 292-acre private island off the coast of Washington. He recently listed the property, which has a caretaker's cabin but no main house, for $13.5 million.

paul allen island

Business Insider

Richard Branson bought Necker Island in the British Virgin Islands for $200,000 in the 1970s. It now rents for over $50,000 per night.

necker island
Wikipedia

Source: Oprah.com

Hedge fund manager Paul Tudor Jones owns a trio of private islands that spell out his initials. They are part of a 3,000 acre wildlife preserve he owns on the Chesapeake Bay in Maryland.

private islands
Google Maps

Business Insider

Oracle CEO Larry Ellison paid an estimated $600 million for 98% of Lana'i, a pristine island in Hawaii. The 141-square-mile island, previously owned by billionaire David Murdock, has 3,200 inhabitants.

$600 million hawaiian island lanai
Wikimedia Commons

Segway inventor Dean Kamen bought Connecticut's North Dumpling Island for $2.5 million in 1986.

private islands
Wikimedia Commons/Google Maps

Source: Today

Billionaire British businessmen (and twins) David and Frederick Barclay bought Brecqhou, one of the Channel Islands, in 1993.

private islands
Wikimedia Commons/Google Maps

Source: The Guardian

Director/producer Tyler Perry bought White Bay Cay, a 25-acre island in the Bahamas, in 2009. He was reported to be building it out with a home and guest bungalows.

tyler perry island
Google Maps/Wikimedia Commons

Source: The Wall Street Journal

Country music duo Faith Hill and Tim McGraw were building a 15,000-square-foot, four-bedroom home on their 17-acre island, Goat Cay, back in 2011.

tim mcgraw faith hill island
s_bukley / Shutterstock.com and Google Maps

Source: The Wall Street Journal

Telecom tycoon Craig McCaw and his wife own this 780-acre island off the coast of Vancouver. It has a 5,000 square foot main residence, golf course (designed by Jack Nicklaus), and air strip, and was recently listed for $75 million.

Vancouver Private Islan
Sotheby's International

Source: Wall Street Journal

We explored one of those private islands

necker branson

Take A Hike Around Richard Branson's Private Island >

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