The founder of Google secretly bought a $32 million island
Google co-founder Larry Page bought a private island in Puerto Rico for $32 million.
According to Business Insider, Larry Page, one of the richest and most famous people in the world of technology, bought a private island called Cayo Norte in the Caribbean a few years ago for $32 million. This 300-hectare island has white beaches, coral, and sea turtles and is located between Puerto Rico and the British Virgin Islands.
According to property documents and legal filings, the purchase of Cayo Norte includes a large portion of the island for $28.7 million and a small portion for $3.4 million. As a result, the total price of this set for the screw was more than 32 million dollars.
The Google co-founder bought the island in 2018 through a company called U.S. Virgin Island Properties. Also, over the years Page and his wife, Lucinda Southworth, have bought several other islands with the help of the same company.
In 2019, Page stepped down from any executive role at Alphabet, Google’s parent company, and moved away from life in tech. He is one of the richest people in the world and has approximately $127 billion in assets. Paige is famous for having a collection of private islands in tropical regions of the world, such as Lolik Islands Eustatia Island, and Tavara Island.
Page’s reason for buying the island is not clear; But some speculate that he may have used it as a refuge, a place to conduct scientific experiments, an escape from the hustle and bustle of city life, a financial and economic investment, and a sign of power and social status.
Several locals told Business Insider that they’ve only seen a few helicopters landing on Cayo Norte since then, and that there have been no signs of destruction or even construction in the area.
Cayo Norte is located about 20 nautical miles east of Puerto Rico and just northeast of Culebra. Due to its white sand beaches and surrounding coral reefs, Cayo Norte is known as a refuge for endangered sea turtles, therefore it is of great ecological importance.
It is unclear whether Larry Page will keep Cayo Norte in its natural state, But he must be well acquainted with the ecological sensitivities of the region.