On: Larry Ellison Owns 98% of Lanai Island, Hawaii

[Zanni]

The island of Ni'ihau (Hawaii) is also privately owned: https://en.wikipedia.org/wiki/Niihau

[freilanzer → Zanni]

That island has an interesting history. I expected the worst, but the owner seems to take great care.

[eaenki → Zanni]

paid in 1864 €200k adjusted for inflation

now prolly worth a billion

damn that’s a x5000 return

[Zanni → eaenki]

Really difficult to estimate it's worth since the owners are determined never to sell or develop. If value can never be realized, is it still value?

[toomuchtodo → Zanni]

It’s priceless. Good humans if they’ve locked it up in perpetuity.

[bitxbitxbitcoin → eaenki]

Ignoring inflation in such calculations is part of how the island owners pull one over on the non island owners.