Owning a private island is something very few people can even dream of. But some of the super-rich not only own a slice of paradise, they’ve also managed to turn these exotic destinations into a lucrative business opportunity.
L’Oreal billionaire heiress Liliane Bettencourt, for example, recently made headlines after selling her private island in the Seychelles for $60 million. While Oracle co-founder Larry Ellison’s half a billion dollar purchase of Hawaii’s sixth largest island in June is considered to be one of the most expensive deals in history.
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We look at eight business tycoons who own private islands around the world. Our list of islands ranges from popular Caribbean island getaways to some of the most remote destinations — all in the quest for paparazzi-free privacy.
So, which billionaires own some of the world’s most expensive private islands? Click below to find out. Also, see more billionaire private islands at CNBC: