Which tech billionaire bought up land in Hawaii?
But billionaire Salesforce CEO Marc Benioff has been buying property in a rural residential town. Waimea sits in the mountains of Hawaii's Big Island. It's home to a large population of native Hawaiians, and it's mostly working class.
Locals wonder why Tech billionaire Marc Benioff has quietly bought vast swaths of land in a small residential town in Hawaii.
Who owns most of the land in Hawaii? The largest single Landowner in Hawaii is the state Government with around 1.3 million acres. That's followed by the Federal Government with around 540,000 acres and in third place is the Kamehameha Schools Trust (formerly the Bishop trust) with about 363,000 acres.
But Benioff bought more than 600 acres in Hawaii since 2020 that are worth a combined $100 million, according to the NPR story.
An NPR story by tech reporter Dara Kerr about billionaire Marc Benioff buying land in and around Waimea on Hawaiʻi Island caused a stir when it was published in February. The audio version aired in March.
And no one knows why : NPR. Billionaire Marc Benioff is buying up land in Hawaii. And no one knows why A mystery has been brewing in a small ranching town on Hawaii's Big Island.
Larry Ellison bought an entire island and Jeff Bezos owns a $78 million property there, but eBay's reclusive founder is Hawaii's richest resident. Forbes put out a list of the wealthiest residents in every US state. Pierre Omidyar, the elusive founder of eBay, is Hawaii's wealthiest permanent resident.
Billionaire Larry Ellison owns an island in Hawaii. 98 per cent of the island of Lanai is his property.
To figure it out, Forbes spent months digging through thousands of property records on Hawaii's six biggest islands. The results were astonishing: Just 37 billionaires own at least 218,000 acres.
- Who are celebrities that have a home in Hawaii? ...
- Paul Mitchell (Oahu) ...
- Doris Duke (Oahu) ...
- Jack Johnson (Oahu) ...
- Oprah Winfrey (Maui) ...
- Jeff Bezos (Maui) ...
- Mark Zuckerberg (Kauai) ...
- Larry Ellison (Lanai)
Does Jeff Bezos own property in Hawaii?
In 2021, for instance, the Amazon founder set the record for the most expensive purchase in Maui, Hawai, after he acquired a 14-acre compound there for $78 million in a mysterious deal (more on that later), which brought the value of his real estate holdings to an astronomical $578 million.
| State | Site (Acres) | Share of State's Total Land |
|---|---|---|
| Hawaii | 228639 | 5.60% |
| Nevada | 3541949 | 5.00% |
| New Mexico | 3889638 | 5.00% |
| Arizona | 3042028 | 4.20% |
The Hawaii State Government.
Of the approximately 4 million acres of land in Hawaii, the state government owns most of this.
Plenty of tech billionaires own land in Hawaii, mostly coastal mansions in gated communities. But billionaire Salesforce CEO Marc Benioff has been buying property in a rural residential town. Waimea sits in the mountains of Hawaii's Big Island.
Here's a rundown of her history with Hawaii. Oprah Winfrey reportedly owns around 1,000 acres of land across Maui, Hawaii. After the August wildfires, Winfrey visited shelters and started a fund to help locals. Some fans online criticized her call for donations, which she referred to as "vitriol" this week.
CEO Mark Zuckerberg is reportedly constructing an extensive compound in Kauai, Hawaii, featuring a unique blend of luxury and survivalist elements. The compound, known as Koolau Ranch, is set to include a 5,000-square-foot underground bunker, complete with its own energy and food supplies.
It's a strategy for financial security and resilience. Agricultural land is an asset class that yields strong returns, stays stable in the face of market turbulence and adds a unique layer of diversification. And it's a signpost indicating where strategic investors might want to set their sights next.
Who is the richest person born in Hawaii?
- 1) Pierre Omidyar. Pierre Omidyar, the founder and chairman of eBay, lives in Honolulu and has a net worth of approximately $11.4 billion. ...
- 2) Jay Shidler. ...
- 3) Blair Parry-Okeden. ...
- 4) Steve Case. ...
- 5) Larry Ellison.
| State/District | Number of Billionaires as of 2023 | Billionaires per One-Million People |
|---|---|---|
| District of Columbia(DC) | 11 | 16.300763913072473 |
| Florida | 97 | 3.4419493400657863 |
| Georgia | 18 | 1.6307711291540836 |
| Hawaii | 2 | 1.3954416503051132 |
Bezos, who is currently the third richest person in the world worth about $192 billion, owns a home on an estimated 14 acres of land on Maui worth $78 million.
When the Sinclairs purchased the island in 1864, they committed to maintaining Niihau's Hawaiian culture. Brothers Bruce and Keith Robinson, descendants of the Sinclairs, own the island today, and they have continued to protect the island from the pressures of the outside world.
But there's one foreign billionaire landowner that has been completely absent for more than a decade: the owners of Molokai Ranch. The ranch's landholdings encompass one-third of the entire island of Molokai. It's owned by billionaire investment firm Guoco Group, based out of Hong Kong.
