Variables MISCELLANEOUS MATTERS OF INTEREST SOUTHERN COMFORT


Vacation Playgrounds of the Rich and Famous


DURING MARCH BREAK, Canadians cast their eyes south to sandy beaches in Florida, Cuba or Barbados. The ultrarich, however, travel to their own piece of paradise, including these business leaders (and actors) with ocean retreats. — Steve Brearton


LARRY ELLISON Lanai, Hawaii Purchase price: $300 MILLION (2012)


The Oracle computing billionaire bought 98% of an island that features two resorts, two championship golf courses and 88,000 acres. The island was once the world’s largest pineapple plantation


MARK ZUCKERBERG Kauai, Hawaii Purchase price: $100 MILLION (2014)


Two years after buying 700 acres of Hawaii coastline, the Facebook billionaire angers local residents by building a six-foot stone wall that blocks their view of the ocean


DIETRICH MATESCHITZ Laucala, Fiji Purchase price: $10 MILLION (2003)


Mateschitz, the cofounder of Red Bull, spends about a month annually at Laucala, but has also invested $300 million in a luxury resort. Among the perks for guests: a personal submarine


CONRAD BLACK Palm Beach, Fla. Purchase price: $9.9 MILLION (1997)


In 2005, the former newspaper magnate used his property to guarantee his $20-million bail after being charged in the US with fraud and obstruction of justice. Six years later he sold it for $23.1 million


*All figures in US dollars 8 | CPA MAGAZINE | MARCH 2017


JOHNNY DEPP Little Hall’s Pond Cay, Bahamas Purchase price: $3.6 MILLION (2004)


Beaches on the island are named for the Golden Globe Award-winning actor’s ex-partner Vanessa Paradis, his children, Lily-Rose and Jack, as well as Hunter S. Thompson and Marlon Brando


RICHARD BRANSON Necker Island, British Virgin Islands Purchase price: $180,000 (1979)


“I had been madly trying to come up with a way to impress a girl,” the Virgin Group founder recalled. “So I rang up the realtor, and expressed my interest.” Today, the island rents for $80,000 a night


Rob Latour/STRREX/Canadian Press MONEY SHARMA/AFP/Getty Images


Daniel Maurer/AP/Canadian Press


Chris Young/Canadian Press


Utrecht Robin/STRABACA/Canadian Press CP Images


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