#20: Louis Bacon – Robins Island

Island worth: $11 million

Though not a household name, Louis Bacon’s financial clout stands tall on the prestigious streets of Wall Street, with an estimated net worth of $1.7 billion. In a noteworthy move back in 1993, this American investor and hedge fund manager acquired Robins Island, a gem nestled off the coast of Long Island, for a substantial $11 million.

But here’s the twist: Bacon defied conventional expectations, choosing not to commercialize the property, as one might assume a financier would. Instead, he transformed it into a conservation haven dedicated to preserving its pristine coasts, serene waterways, and untouched natural landscapes. For Bacon, this island serves as a testament to his commitment to safeguarding the environment’s priceless treasures.