For his part, Bill Gates reportedly stays up the coast at the Hilton Waikoloa Village, even though, since 2007, he has co-owned the Four Seasons hotel management company with Saudi prince Alwaleed bin Talal. (Last year Gates became the majority shareholder.)
Up until the 1990s, the economy was more dependent on pineapple plantations than tourism. Ten years ago, Oracle co-founder Larry Ellison bought almost the entire island, including nearly all the businesses and housing, for $300 million.
Billionaire Larry Ellison owns an island in Hawaii. 98 per cent of the island of Lanai is his property.
In September 2014, Facebook founder Mark Zuckerberg bought two adjacent properties on Kauai's North Shore. Zuckerberg paid $49.6 million for 350 acres that includes the area above Pila'a Beach. Zuckerberg also purchased the 357 acre Kahu'aina Plantation, a former sugar plantation, for $66 million.
Hawaii's numbers look even more modest when you consider that the large majority of the capital invested in the state over the past 17 years came from a single company: China Oceanwide, which since 2015 has acquired $569 million of real estate in West Oahu, including 26 acres of oceanfront land for a new Atlantis ...
Amazon founder Jeff Bezos just bought a remote $78 million 14-acre estate surrounded by dormant lava fields on La Perouse Bay in Maui, adding to his $500 million real estate portfolio.
A spokesperson for Zuckerberg and his wife Priscilla Chan told the Honolulu Star-Advertiser that Zuckerberg's family plans to expand farming and ranching operations and engage more in wildlife conservation on these lands. That does not mean Zuckerberg does not have a home there.
Billionaire Ellison turning Hawaii's Lanai into “playground for the rich” A billionaire's presence on a Hawaiian island is pushing out longtime residents. Larry Ellison, the co-founder of Oracle and the world's 11th-richest person, bought 98 percent of Lanai in 2012 for $300 million, Bloomberg reported.
Who owns Maui? After the State of Hawaii, who owns over 154,000 acres on Maui, Alexander & Baldwin is the second-largest landowner at over 65,000 acres, and the U.S. Government is the third-largest landowner at over 33,000 acres.
The bulk of Niihau is restricted to its 70 full-time residents and their families or to those who received a coveted invitation from the family who has owned the 69-square-mile island since 1864.
Broken down by counties, Hawaii County has the most land owned by foreign citizens at 96,082 acres, or about 4% of its more than 2.5 million acres. Of that foreign-owned land, all but 1,197 acres is agricultural with 34,149 acres in cropland, 27,332 acres in pasture and 30,664 acres in other agricultural uses.
Hawaii is internationally recognized as a state of the United States of America. Sovereignty advocates argue that Hawaii is an independent nation under military occupation due to the fact that there is no treaty of annexation between the Hawaiian Kingdom and the United States.
Hawaiʻi was an independent republic from 1894 until August 12, 1898, when it officially became a U.S. territory. Hawaiʻi was admitted as a U.S. state on August 21, 1959.
Zuckerberg first purchased 750 acres of land for $100 million on Kauai in 2014 before acquiring another 600 acres for $53 million in May. May's purchase included a public beach and cattle ranch. Zuckerberg's land purchases on Kauai have continued to ignite controversy over the years.
The TV host and entertainment mogul, 69, splashed out $6.6million on the land in the Kula region, close to the stunning ranch she already owns on the island. Oprah's recent purchase, revealed in sales deeds, means she now owns around 1,000 acres of land on Maui.
Oprah Just Bought Nearly 1,000 Acres of Land In Hawaii, One Of The Few Black Women In The World To Do So. The media mogul reportedly purchased 871 acres in Maui, adding to her already robust real estate portfolio.
While it takes nearly $240,000 to be in the state's top 5%, you have to earn a lot more to make the top 1% in Hawaii. The minimum annual income needed for that is $310,566, the Economic Policy Institute reports.
EBay founder Pierre Omidyar, who spent part of his childhood in Hawaii, is now back as a full-time Honolulu resident. Salesforce boss Marc Benioff holds court on the Big Island, along with Starbucks capo Howard Schultz. Oprah is over in Maui, as is Jeff Bezos.
The “Big Five” were made up of a handful of corporate elite companies: Alexander & Baldwin, American Factors, Castle & Cooke, C. Brewer, and Theo. Davies. They exercised complete control over Hawai'i's sugar plantation workers and the majority of the island's multi-ethnic workforces.
At the end of 2021, of the 98 countries for whom data was available, Pakistan ($27.4 billion of external debt to China), Angola (22.0 billion), Ethiopia (7.4 billion), Kenya (7.4 billion) and Sri Lanka (7.2 billion) held the biggest debts to China.
Anyone in the world can buy property in Hawaii. However, if you are not a resident of Hawaii, which is characterized as filing Hawaii state income taxes, then buying or selling land in Hawaii might have a few more complications.
Largest Asian ethnic groups in Hawai'i include: Filipino (377,904), Japanese (313,014), Chinese (202,141), Korean (48,951), Vietnamese (13,961), and Okinawan (6,718).