Apparently, You Don’t Have to Be Rich to Own an Island
On the market in New York, Petra Island features two works purportedly designed by Frank Lloyd Wright (the authenticity of one of them is contested by the Frank Lloyd Wright Foundation)—Photo via Private Island Online
Private island news is usually dominated by celebrities (see: the eco-resort Leonardo DiCaprio is building on his Belizean island or the Swedish island Tiger Woods is selling.) In a new interview with The Atlantic, however, Chris Krolow, CEO of online marketplace Private Islands, Inc. and host of HGTV’s Island Hunters, argues that you don’t have to be a celebrity to own an island—heck, you don’t even need to be rich. “We’ve had $20,000 islands. We’ve had $100 million islands,” says Krolow. (More evidence: an entire Scottish island with herd of seals for $525K) According to Krolow, many of their clients aren’t millionaires. All it takes are some Robinson Crusoe fantasies and a strong desire to make one’s own mark. Read on for a few more intriguing tidbits about the business of owning a private island.