Oprah Winfrey Buys 870 Acres of Land in Hawaii for Nearly $6.6M – REPORT

Oprah Winfrey

 

Oprah Winfrey is well-known not just for her television ventures, but also as a successful investor. She was one of the first Black female millionaires due to her multiple company and other cash streams.

She reached a record net worth of $4 billion in 2018 because to the success of Weight Watchers International Inc., with which she collaborated in 2015. That year, the weight-loss company enhanced her fortune by $427 million.

Winfrey is also the owner of The Oprah Winfrey Show and the cable network OWN. She collaborated with Apple to create original content and programs for the technology company. The media mogul is a real estate investor as well. She paid $8.3 million for a 43-acre waterfront estate on Orcas Island in 2018. She sold the home for $14 million in 2021.

The home was listed for sale at $12 million two years ago but did not sell at that price. According to bizjournal, the estate, known as Madroneagle, is the most expensive paid for an Orcas Island property.

In 2023, Winfrey has purchased property in Kula, Hawaii, in the center section of the island of Maui. She has been a part-time Maui resident for some years, and she was recently seen hiking with her celebrity TV friend, Gayle King, on Kauai, Hawaii.

Winfrey just paid roughly $6.6 million for 870 acres of land in Kula. According to Maui Now, the purchase adds to the hundreds of acres of land she currently owns in Kula and Hna. According to the portal, she purchased four shipments in total. On February 10, Ulupalakua Ranch sold two parcels to Winfrey’s Los Angeles-based company, Harpo Inc. According to the platform, 520 acres sold for $3.89 million and 330 acres sold for $2.47 million. The remaining two 10-acre parcels were sold to Harpo Corp. on December 30, 2022, for $100,000 each, according to Maui Now.

Winfrey also owns 1,000 acres of Haleakal Ranch land, in addition to her latest acquisition in Kula. She also purchased more than 200 acres of oceanfront land in Hna between 2002 and 2005.

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