6 People Who Own Private Islands

AAA

While your idea of a big purchase may be a new TV or a high-end barbecue with all the bells and whistles, some of the world's ultra-wealthy have another idea. Even for much of "the 1%," a private island in a prime location is out of the budget. However, for those on the upper end of the 1% bracket, it's the perfect way to vacation or invest. Here are some of the more notable individuals who purchased their own islands.
  1. No results found.
Related Articles
  1. Investing

    Forget A House - Buy An Island

    While most of us would assume island ownership to be something completely unattainable, a little research reveals that it may not be as impossible as we think.
  2. Managing Wealth

    Can I Afford To Buy A Private Island?

    It may not be as pricey as you think, but don't forget to pay attention to the rights you're buying and, perhaps, factor in the cost of building a house.
  3. Managing Wealth

    The World's Most Luxurious Vacation Retreats

    White sand beaches, nature preserves, amazing hot springs...if you're looking for heaven on earth, these spots qualify.
  4. Retirement

    Retire in the Caribbean: Top Islands For Expats

    Palm trees, turquoise waters, white-sand beaches – but which Caribbean island is best for retirement? Here's what we learned.
  5. Tech

    Countries That Use The U.S. Dollar

    Here are the territories and countries that use the U.S. dollar as their official or quasi official currency.
  6. Managing Wealth

    Choicest Limited-Availability Travel Destinations

    Seeking an exclusive vacation spot? These six fabulous destinations only allow a select few to visit each year. See them in style.
  7. Investing

    5 Best Resorts in the Philippines

    People go halfway 'round the world to stay at these exclusive resorts in the Philippines, where the accommodations and private beaches are rated first class.
  8. Investing

    Top 9 Vacation Destinations For Wall Street Geeks

    Indulge your inner geek with one of these financial-themed holiday getaways.
  9. Investing

    Why the Cayman Islands Are So Popular With Hedge Funds

    Here's a recent Q&A on what makes the Cayman Islands popular with hedge funds.
  10. Insights

    Caribbean Currencies: An Overview

    As many as ten currencies are used among the islands of the Caribbean. A fixed exchange rate regime is the most common exchange regime found in the region; however, a few of the larger islands ...
Hot Definitions
  1. Interest Expense

    The cost incurred by an entity for borrowed funds. Interest expense is a non-operating expense shown on the income statement. ...
  2. Call Option

    An agreement that gives an investor the right (but not the obligation) to buy a stock, bond, commodity, or other instrument ...
  3. Pro-Rata

    Used to describe a proportionate allocation. A method of assigning an amount to a fraction, according to its share of the ...
  4. Private Placement

    The sale of securities to a relatively small number of select investors as a way of raising capital.
  5. AAA

    The highest possible rating assigned to the bonds of an issuer by credit rating agencies. An issuer that is rated AAA has ...
  6. Backward Integration

    A form of vertical integration that involves the purchase of suppliers. Companies will pursue backward integration when it ...
Trading Center