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Many celebrities have enough money to purchases some of the most ridiculous things available to mankind. Some go all out on one extravagant mansion in the Hollywood Hills or invest in several multi-million dollar homes across the world. Some purchase exotic animals (we’re looking at you Mike Tyson), while others are known to spend over $30,000 a month on worldly wines (ahem, Johnny Depp). And then there are those who invest in their own private island. That’s right, celebrity islands! Surprisingly, some of these islands, often in the warm waters of the Bahamas and Caribbean, are actually quite cheap at just over a million dollars, whereas some are over $10 million. Regardless, we’re pretty sure these celebrity island purchases will make you unbelievably jealous.
Larry Ellison – Lanai
In 1977 Larry Ellison, along with a couple friends and coworkers, founded Software Development Laboratories, which is known today as Oracle – the second largest software company in the world. Fast forward to the present day and Ellison is worth an astounding $78 billion. With such a fortune, the Oracle co-founder spent between $300 – $600 million to purchase the Hawaiian island of Lanai. However, he eventually gave part of the island back to the people of the island.
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From an aerial viewpoint, Naomi Campbell’s Turkish island is home to a property resembling the eye of Horus, an Egyptian symbol of protection. She was gifted this lavish home for her 41st birthday, designed by famed architect, Luis de Garrido, by her ex-boyfriend and Russian billionaire Vladislav Doronin. The home is entirely water, energy, and food self-sufficient.
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Worth a combined billion dollars, singer Beyoncé and music mogul and rapper Jay-Z, are by no means starved for cash. To celebrate their fifth wedding anniversary, Jay-Z purchased a four million dollar private estate and island in the Bahamas for his bae. The island is large enough to have its own private beach and swimming pool.
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Source: PinterestTyler Perry – White Bay Cay
Tyler Perry, best known for his portrayal of the character Madea, purchased this Bahaman White Cay Bay property in 2009 for an undisclosed amount. Perry also plans to renovate a nearby island that he owns as well. A marina, tennis court, spa, and bungalows for guests are in the works.
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At 89 years old, Gene Hackman is looking to spend the rest of his days in quiet privacy. Upon selling his previous island home for an estimated $3.9 million, he purchased another secluded island located in British Columbia. His acting days may be behind him but his island property will surely help the historical fiction works he plans to write.
Dean Kamen – North Dumpling
Dean Kamen is a man whose company name precedes him. Kamen is the inventor of the Segway. While his gyroscope, two-wheeled personal transport device never really took off, he still earned a boat-load of cash from it. Guests are expected to call Kamen “Lord Dumpling” if they are to stay on his $2.5 million, two-acre home off the coast of New York.
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As of 2019, music legend Diana Ross is worth more than $250 million. When Ross and her ex-husband Arne Ness Jr. were still together, they purchased this Tahitian home after honeymooning on a similar one nearby. While the couple split in 2000, Ross had plenty of money to purchase several new islands.
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Being the extravagant man he is, Steven Spielberg has purchased two islands in the Madeira Archipelago (islands of Portugal). Even though the islands remain largely undeveloped, only hosting Spielberg and his guests from time to time, sightseers and paparazzi, alike, have been unable to pinpoint the locations of these two islands.
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Source: PinterestADVERTISEMENT – CONTINUE READING BELOWLenny Kravitz – Eleuthera Archipelago
Musician and actor Lenny Kravitz is the owner of a private island in the Eleuthera Archipelago of the Bahamas. The island itself does not have a single home built on it and instead, a single trailer. In fact, the only formal piece of construction on the island is a music studio. When Kravitz misses the finer things and comfort of a real home, he simply boats over to the large island of Eleuthera where he owns one.
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The “King of Latin Pop,” Ricky Martin, spent over eight million dollars on an island and development in 2008. The oceanside sanctuary is not far off the coast of Rio de Janeiro. Supposedly it took him months to get the project off the ground.
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Tim McGraw and Faith Hill – Coat Cay
Like many others before them, country music superstar and power couple Tim McGraw and Faith Hill bought a Bahaman island, Coat Cay, for $1.2 million. Hill has that they “wanted to feel connected to the outside. When the breeze comes through the room, it’s just life-changing…It really is! It’s something for the soul.” The pair had to spend much more than $1.2 million as the island did not have a pier or home – it was bare!
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Source: YoutubeADVERTISEMENT – CONTINUE READING BELOWThe Barclay Brothers – Brecqhou
Dave and Frederick, the British Barclay twins, are major real estate investors. Back in 1993, they purchased Brecqhou island, now worth $4.3 million, However, the island lies in the power of Sark (part of the Channel Islands off the coast of Normandy, France) and does not allow the use of helicopters and automobiles. They’re fighting for freedom for the power to ensure they can travel to their island in luxury.
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Larry Page, one of the co-founders of everyone’s favorite search engine, Google, purchased an island part of the British Virgin Island territories. With several luxurious villas, clean waters and coastlines, healthy reefs, and a large solar panel array to power all his electrical needs, it’s no wonder Page considers this island to be one of his favorite places.
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The legendary but occasionally questionable actor and director Mel Gibson purchased a 5,000-acre island in Fiji – Mago Island. It’s been said that Gibson visits and lives a low-key, down-to-earth lifestyle when the chaos of Hollywood takes a toll on his wellbeing. Gibson employs a small team to manage and maintain the island when he’s not there but essentially allows Mother Earth to control its beauty.
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Source: PinterestADVERTISEMENT – CONTINUE READING BELOWTed Tuner – St. Phillips Islands
When you founded a major media conglomerate like CNN, a huge amount of wealth is pretty much guaranteed. With $2.2 billion to his name, Ted Turner lives on an extravagant 4,680-acre island off of South Carolina. He once owned St. Philips island as well (also in South Carolina). He never cared to share the island land so he sold it back to the state for $4.9 million.
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David Copperfield – Musha Cay
Described by Forbes as “The most commercially successful magician in history,” David Copper is worth $875 million. Therefore, the $50 million price tag of four Bahaman islands didn’t hurt him too much. The only island that allows guests and visitors is Musha Cay. For $37,000 a day, guests can rent the entire island.
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Because of its close proximity to the Belize Barrier Reef, Leonardo DiCaprio dropped $1.2 million on his Blackadore Cay island back in 2006. Off the coast of the Caribbean Sea, the home is now worth $3.6 million. He plans to open an eco-resort shortly that’s been in development for years.
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Richard Branson has a net worth of $4.1 billion. His Virgin Group conglomerate owns Virgin Records, Virgin Galactic, Virgin Atlantic, and so many others. That said, he purchased Necker Island (in the British Virgin Islands) for a little over $180,000 in 1978. He’s stated, “I immediately fell in love with Necker Island when I visited it for the first time… I am very passionate about it, what with it being my home and spending most of my time there.”
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Brooke Shields lived on Emerald Island for some years and enjoyed, while surrounded by high trees, the seclusion in the middle of Chazy Lake, which belongs to the gorgeous Adirondacks Park. A small, tree-lined private dam connects the island to the shore. Apart from that, there’s a private 8.5 acres.
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With looks like hers, Pamela Anderson will never have to worry about money. Or will she? When Pamela and Tommy Lee were still together, Lee gifted his lady a private island in Dubai. She’s wanted to develop resorts on her island for years but hasn’t come across the amount needed to get the project off the ground…or rather, sea.
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Julia Roberts – The Bahamas
Julia Roberts seems to have a hard time keeping secrets. Roberts accidentally let it slip that she owns a private island in the Bahamas, although the price, location, and amenities haven’t been made public. So it’s safe to say she’s trying to keep this one as secret as possible.
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As the star in all the Pirates of the Caribbean films, it should almost be expected that Johnny Depp purchased his own 45-acre private island in 2004 for $3.6 million. In 2009, Depp told Vanity Fair, “I don’t think I’d ever seen any place so pure and beautiful. You can feel your pulse rate drop about 20 beats. It’s instant freedom.”
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In 2007, Eddie Murphy purchased Rooster Cay, a $15 million dollar island in the Bahamas. Although the island is close to the country’s capital of Nassau, the personal island is still secluded enough for the actor.
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Source: PinterestADVERTISEMENT – CONTINUE READING BELOWNicolas Cage – Leaf Cay
One after another, the biggest celebrities all seem to be headed for the Bahamas. Nicolas Cage is no exception. The actor purchased the three million dollar island of Leaf Cay which just happens to be next to Johnny Depp’s personal island. Cage originally wanted to build a resort for many guests but as development cannot harm the endangered iguana species that called his island home, Cage had to make alterations. Instead, he built a small, singular hotel that only hosts well-paying and prolific visitors.
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While Louis Bacon is certainly not a household name, his net worth surely holds its own on Wall Street. This American investor and hedge fund manager is worth an estimated $1.7 billion. In 1993, Bacon purchased Robins Island, off the coast of Long Island, for $11 million. Rather than commercialize the property as you might expect a banker to do, he established the it as a conversation project. He seeks to maintain its coasts, waterways, and natural landscape.
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