How Much It Costs To Own a Private Island Like Beyoncé and These 14 Other Celebs
Many of us dream of owning a private island, but very few of us are wealthy enough to actually make this dream come true. The lucky few include stars like Beyoncé and Jay-Z, Leonardo DiCaprio and George Clooney, all of whom shelled out millions for their own private slice of paradise.
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New research by spa booking experts SpaSeekers has revealed just how much celebrities have spent on their exclusive real estate — and here they are ranked from least to most expensive. Find out which star has the priciest private island.
Last updated: April 9, 2021
Bear Grylls
Compared to the other stars on this list, “Man vs. Wild” host Bear Grylls got a great deal on his private island. Grylls purchased Saint Tudwals, a 20-acre island in Wales, in 2001 for $134,720, SpaSeekers reported.
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Tim McGraw and Faith Hill
Country power couple Tim McGraw and Faith Hill purchased Goat Cay Island in the Bahamas for $1.2 million in 2003. The couple developed the island over the course of nine years, Robb Report reported. If you want to live in this private palace of music royalty, now’s your chance — it’s currently listed for $35 million.
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Leonardo DiCaprio
Leonardo DiCaprio became the owner of the 104-acre Blackadore Caye Island in Belize in 2005. He paid $1.75 million at the time and has since transformed it into an eco-friendly luxury resort.
While that may seem like a lot of cash, it’s a drop in the bucket for DiCaprio. Click through to see how much he is worth.
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Ricky Martin
Latin superstar Ricky Martin purchased a 19.7-acre island known as Angra dos Reis in Brazil in 2008. He paid $8 million for the island, which is now valued at $9.8 million.
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Tyler Perry
Multihyphenate entertainment mogul Tyler Perry bought White Bay Cay in the Bahamas for $7 million in 2009. The 25-acre private island is now worth $8.56 million.
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Michael Schumacher
Formula One racer Michael Schumacher is the owner of an island called the Antarctic, a manmade island in Dubai worth nearly $8 million. The island was actually a very generous gift from Dubai’s Crown Prince, Sheikh Mohammed bin Rashid Al Maktoum.
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Eddie Murphy
Eddie Murphy purchased Long Cay island in the Bahamas in 2007. With a $15 million price tag, Murphy paid $1 million per acre for the 15-acre paradise.
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Mel Gibson
Mel Gibson is the owner of 5,400 private acres in Fiji. The actor spent $15 million to purchase Mago Island in 2005, and it remains one of the largest private islands in the southwest Pacific Ocean.
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Shakira and Roger Waters
In 2011, Shakira and Pink Floyd’s Roger Waters teamed up to purchase Bond’s Cay in the Bahamas for $15 million. The duo reportedly has plans to turn the 700-acre island into an exclusive retreat for the wealthy, including private holiday homes, hotels and art galleries.
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George Clooney
In 2014, George Clooney and his wife, Amal, purchased a 4-acre island located on the River Thames called Sonning Eye for nearly $17 million. The island features a 17th-century mansion that has been remodeled to include a home theater, indoor pool and private boathouse.
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Beyoncé and Jay-Z
Beyoncé and Jay-Z own not one, but two private islands. Jay-Z purchased an island in the Florida Keys for a whopping $20 million as a 29th birthday gift for Beyoncé in 2010. In addition to the 12.5-acre island in Florida, the couple also owns a 360-acre island in the Bahamas that they purchased for $3 million in 2013 — reportedly so that they could vacation with Blue Ivy in peace.
These luxurious real estate holdings have added to Beyoncé’s impressive net worth. Click through to see how rich the singer is.
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David Copperfield
Magician David Copperfield purchased the 100-acre Bahamian island known as Musha Cay in 2006 for a cool $50 million. The island now features five private homes and a number of luxurious amenities including a steam room, four hot tubs and a tennis court. You can rent the island out for $60,000 per night via Airbnb.
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