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Tips to Buy Your Own Private Island

  By AGENCIES   Jul 4th 2012 at 6:00AM Lifestyle RATED

You may not have the $600 million it probably cost the Oracle CEO and one of the world's richest men, Larry Ellison, to buy Hawaii's sixth-largest island, Lanai. But call a friendly island broker and you'll find that around the globe, there are hundreds of rocky, sandy, grassy or coral islands on sale at any time. They can be everything from idyllic to uninhabitable, within spitting distance of a major city or many hundreds of miles from anything, with their own airport or inaccessible by anything but a canoe. Here are a few tips for would-be Ellisons itching to buy their own island

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