Google founder Larry Page buys private island for $32 million

In 2018, Page, whose net worth is estimated to be approximately $127 billion, bought the island of Cayo Norte for $32 million, Business Insider recently reported. 

Cayo Norte is located between Puerto Rico and the British Virgin Islands in the Caribbean.

Page purchased the island in two separate transactions via a limited liability company called U.S. Virgin Island Properties, which Business Insider identified as belonging to him and his wife, Lucinda Southworth. The first purchase was for a big chunk of land on the island, priced at $28.7 million, followed by another smaller deal valued at $3.4 million. In the past, Page used the LLC in question to purchase other private islands he owns. 

Page’s collection of private islands stretches across the Caribbean and South Pacific. In 2014, he bought the Lollik Islands, a pair of islands in the British Virgin Islands archipelago, just 12 miles east of Cayo Norte, for $23 million. Also in the Caribbean, Page owns Eustatia Island, on the eastern end of the British Virgin Islands. In 2020, Page expanded to the South Pacific, purchasing a majority share in the deed for the island of Tavarua in Fiji.  

Page reportedly spent several months on Tavarua during the pandemic. At the time Fiji was closed to travelers except for those arriving by private jet or superyacht, which allowed Page to enter the country. 

Since stepping down from any executive leadership roles at Google’s parent company Alphabet in 2019, Page has largely receded from public life. However, he retains a board seat and effectively controls the company, alongside cofounder Sergey Brin, through a majority ownership of a special class of voting stock. 

The reasons for his purchase of Cayo Norte or any other private islands in his portfolio remain unclear. Some have speculated they are reclusive retreats for a Silicon Valley icon who…