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

[eaenki]

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.