These Are The Billionaires Buying Hawaii

  Рет қаралды 339,645

Forbes

8 ай бұрын

America’s richest have been buying in Hawaii for years, but no one knew exactly how extensive their holdings were. To figure it out, Forbes spent months digging through thousands of property records on Hawaii’s six biggest islands. The results were astonishing: Just 37 billionaires own at least 218,000 acres. That’s 5.3% of the state’s total land and 11.1% of all non-government-owned land-though it is likely even higher given the lengths to which these billionaires go to obscure their ownership. Expressed a different way: Those 37 people, equal to just 0.003% of Hawaii’s total population of 1.4 million, own more than 10% of its land.
With billionaires like Oprah Winfrey, Mark Zuckerberg and Larry Ellison buying up so much real estate, locals are wondering if Hawaii is becoming a playground for the rich.
Read the full story on Forbes: www.forbes.com/sites/phoebeliu/2024/02/18/meet-the-billionaires-buying-up-hawaii/?sh=290719b850f3
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Пікірлер: 1 092
@chad9971
@chad9971 7 ай бұрын
If you have something beautiful, rich people will always come in and take it away. As a Jamaican, I would know.
@Synoopy2
@Synoopy2 7 ай бұрын
The resorts are killing commerce for the average Jamaican who used to profit. Now the tourist don't even step outside the resorts because the resorts are all inclusive.
@bastymanguy
@bastymanguy 7 ай бұрын
@@Synoopy2 no it’s because they’re afraid of getting robbed and harassed by certain locals
@bastymanguy
@bastymanguy 7 ай бұрын
I see, so when the white man left the island long ago, the blacks got the island for themselves, apparently that’s not good enough for you. New problem is: Now ‘rich people’ took the beautiful thing away, as you said. They only blocked off beaches the hotels are built on, I guess that’s what you’re referring to.
@chudcel99
@chudcel99 7 ай бұрын
lmao. jamaicans should be greatful for all this!!! we rich foreigners give you jobs. you should be greatful for every penny we give you
@covfefe1787
@covfefe1787 7 ай бұрын
@@utubechannel3846 what indigenous people Jamaica has no indigenous people.
@BIoknight000
@BIoknight000 7 ай бұрын
Hawaii should dramatically increase land taxes on owners greater than 100 acres and publicize a land registry so that these billionaires can't obfuscate their holdings in layers and layers of LLCs. If possible they should force sale of this land to the State so it can be publicly owned and cared for instead of squirreled away by greedy parasites
@S0ulinth3machin3
@S0ulinth3machin3 7 ай бұрын
not allowing corporate entities or partnerships to own property would require a change in federal law. You can't do that at the local level.
@BIoknight000
@BIoknight000 7 ай бұрын
That's not what I said. Read again. My suggestion was to publicize a land registry so the ultimate ownership of any land is known. What happens now is that any time a billionaire buys land or property they found a LLC with a generic name and that LLC is then owned by another generic company which itself is owned by another generic company. They hide through layers and layers of bullshit. That's unacceptable.@@S0ulinth3machin3
@Carlos-on4fz
@Carlos-on4fz 7 ай бұрын
I was with you until the "states should own and care for" part.
@bsdgffishtuna5186
@bsdgffishtuna5186 7 ай бұрын
but increasing taxes 10x on land over 50 acres is totally within the state's authority.@@S0ulinth3machin3
@WaterspoutsOfTheDeep
@WaterspoutsOfTheDeep 7 ай бұрын
And this is no different than the land owned everywhere else in the USA essentially. This is not a Hawaii issue. Everyone wants to own their house and land.
@Allinmyworld
@Allinmyworld 7 ай бұрын
This has been going on for decades since the Big 5 owned and operated in Hawaii. Owning Hawaii has deep deep roots and pockets.
@hyphydan
@hyphydan 7 ай бұрын
Wrong, Asian Settler Colonists own Hawaii
@bigislandbeach69
@bigislandbeach69 7 ай бұрын
LOL 'ae and not as reported in this article
@WaterspoutsOfTheDeep
@WaterspoutsOfTheDeep 7 ай бұрын
And this is no different than the land owned everywhere else in the USA essentially. This is not a Hawaii issue. Everyone wants to own their house and land.
@SmashingTacoz
@SmashingTacoz 7 ай бұрын
yeah and everyone and the molepo wants to be one chief
@user33housecats
@user33housecats 7 ай бұрын
yes, land is power in Hawai'i
@matthews1256
@matthews1256 7 ай бұрын
Man the world is fucked beyond repair.
@PCPC-z4t
@PCPC-z4t 7 ай бұрын
@EuroWarsOrg That's not what he is implying here..come on........
@Sundream_65
@Sundream_65 26 күн бұрын
I am literally crying after learning about this. These people are evil evil people 😢😢. How can they sleep at night.
@S0ulinth3machin3
@S0ulinth3machin3 8 ай бұрын
If Hawaii wanted to avoid this, they should have a maximum parcel size. If you have giant tracts of land in a beatiful environment, then of course it's going to be the wealthiest people who end up owning it.
@davidb2206
@davidb2206 7 ай бұрын
INCREASE the property taxes for anything above 2 acres, a normal family living space.
@san6788
@san6788 7 ай бұрын
It's almost like there's groups or individuals that are out there too somehow wine and perhaps dine politicians in order to get what a small group of individuals want
@S0ulinth3machin3
@S0ulinth3machin3 7 ай бұрын
@@davidb2206 ummmm . . . . that would actually exacerbate the problem. You and I would never be able to afford the taxes.
@davidb2206
@davidb2206 7 ай бұрын
@@S0ulinth3machin3 How would it exacerbate the problem if I live on ONE acre or less and so my property taxes are reduced or eliminated? Did you not understand the proposal? Only taxes would go up for those owning a parcel/deed of MORE than 2 acres. As they should.
@S0ulinth3machin3
@S0ulinth3machin3 7 ай бұрын
@@davidb2206 it would exacerbate the problem of wealthy people owning all the large parcels. They're the only ones who can afford it now, if the government makes it more expensive to own a large parcel, then it amplifies it. That's making the assumption that raising taxes on large parcels is with the purpose of trying to make the distribution of land more equitable.
@Milestonemonger
@Milestonemonger 8 ай бұрын
We live in Waikiki, and we pay $5000 a month for a one bedroom. The prices here are insane.
@sleepy670
@sleepy670 8 ай бұрын
You're paying too much. Tons of one bdrms available for half that or less.
@time2132
@time2132 8 ай бұрын
I mean it's a nice island so the price makes sense.
@brentsmelser
@brentsmelser 8 ай бұрын
Move
@fu9793
@fu9793 8 ай бұрын
How can you afford? Jobs there must pay well.
@Frenchieeeee
@Frenchieeeee 8 ай бұрын
pay isn't good in oahu.@@fu9793
@saraxdouglas8577
@saraxdouglas8577 7 ай бұрын
Yeah billionaires are buying up Hawaii but who is selling it.....!?
@hodisfut
@hodisfut 7 ай бұрын
Locals. Who else? A local owns half an acre, another a whole acre, then comes a billionaire and offers them millions for their small patchs and put them together to create a ranch or compound or whatever
@Tigertame4
@Tigertame4 7 ай бұрын
@@hodisfut Yup and that is how it is.
@ricksmith4736
@ricksmith4736 7 ай бұрын
Hopefully they are buying out the Japanese.....
@christianamor8828
@christianamor8828 7 ай бұрын
Lahaina victims. After their neighborhood was torched down by energy directed weapons.
@icedriver2207
@icedriver2207 7 ай бұрын
Don't forget how little the US government did for the citizens of Lahaina. This was probably just to force them to sell.
@mathieust-louis2893
@mathieust-louis2893 8 ай бұрын
Hawaii has the lowest property taxes in the nation. It makes zero sense why, a place where land is so limited. We barely tax the land and encourage foreign investment with our low taxes while we tax the working man into oblivion.
@bob15479
@bob15479 7 ай бұрын
perhaps they don't need it because of taxes on tourism revenues? hiking property taxes is only going to hurt ordinary hawaiian.
@muazunais2378
@muazunais2378 7 ай бұрын
cuz foreign investments brings value it gives a high returnbut a working man doesn't, it's the unfortunate reality
@tw238
@tw238 7 ай бұрын
It makes a lot of sense. They must keep property taxes are low, because cost of living is among, if not the highest in the country. Most locals cannot afford to own property & have to work 2-3 jobs to make it. So higher property taxes would even further exclude the local population from home ownership.
@glaznflip1501
@glaznflip1501 7 ай бұрын
Crazy to think for a blue state.
@ac1455
@ac1455 7 ай бұрын
⁠@@tw238but at the same time, if all the value being poured in is tied to real estate, the low property tax means it’s more profitable to invest in real estate rather than other ventures which would pay higher salaries
@robbcervss595
@robbcervss595 7 ай бұрын
What is happening in Hawaii is disgusting and in human
@lanilovezz
@lanilovezz 7 ай бұрын
As a Hawaiian, this makes me so sad for Hawaiians. I know so many people who have moved away, myself included, to be able to start our career and hopefully make it back home with a good chunk of money at a decent age. If we had stayed, it'd take so long to be able to afford it
@porothashawarma2339
@porothashawarma2339 7 ай бұрын
That is just sad , you need more laws to restrict the buying the of land by non-natives . Non-hawaiian residents shouldn’t be able to buy whereever they want - there should be designated zones and fixed area they can buy per individual.
@donnagelina8548
@donnagelina8548 7 ай бұрын
How many years do you have till then?
@glaznflip1501
@glaznflip1501 7 ай бұрын
I feel the same way, I left home with hopes of returning back to live my final days there. :( these billionaires can buy up hawai’i but they will never be welcome to our community…
@lanilovezz
@lanilovezz 7 ай бұрын
@@donnagelina8548as house prices go up each year, that finish line keeps moving. until i can afford a $1 million home comfortably, i cannot move home :/
@hyphydan
@hyphydan 7 ай бұрын
Blue Eyed Hawaiin 🤙🏻🤔
@WeylandLabs
@WeylandLabs 8 ай бұрын
You would think they would be helping the Hawaiian natives to make the islands more sustainable for them also.
@haobaba
@haobaba 8 ай бұрын
You would think that unless you realize that no good people horde billions for themselves.
@markuse3472
@markuse3472 8 ай бұрын
@TRB-yg4ph To preserve the Native population. It's a humane and civil and life-saving endeavor. But you wouldn't care for such charity and a safer planet.
@oahujuniorgolfassociationc6656
@oahujuniorgolfassociationc6656 8 ай бұрын
You don’t understand how billionaires only care about themselves. Even when they give is to make themselves look good. Maybe save in taxes or something.
@warmpabst
@warmpabst 8 ай бұрын
@@markuse3472 he meant what would that gain them? They became billionaires from being greedy not charitable
@tuckerbugeater
@tuckerbugeater 8 ай бұрын
yes, let's give stuff to whiny victims who offer nothing to humanity. @@oahujuniorgolfassociationc6656
@brandonobody
@brandonobody 7 ай бұрын
You can't tell me that fire just happened.
@MsJellyBellyLove
@MsJellyBellyLove 7 ай бұрын
Colonizer controlled agriculture set the stage for dry lands.
@Frank-r3y2i
@Frank-r3y2i 7 ай бұрын
Fires do just happen, but not this one look at the film clips of the fire they said 80 mph winds but then they show people in the ocean to escape the fire and there's no waves.
@stephaniewilliams9469
@stephaniewilliams9469 7 ай бұрын
DEW
@johnnyrebel3340
@johnnyrebel3340 5 ай бұрын
Absolutely..... 💯 the D&C is completely to blame at this point.
@paulvon2378
@paulvon2378 5 ай бұрын
WHAT ARE YOU SAYING BRO?
@michaelscot4816
@michaelscot4816 7 ай бұрын
Volcanoes don't care how rich you are! 😂
@paanne1013
@paanne1013 7 ай бұрын
So true!
@Kuziai
@Kuziai 8 ай бұрын
High prices, fires will push peasants outside Hawaii so I the rich folk can live. Thank you for voting
@johnwilliams3555
@johnwilliams3555 7 ай бұрын
Any news on Lahaina?
@Kuziai
@Kuziai 7 ай бұрын
@@johnwilliams3555 everyone forgot lahaina. Now we can start buying land
@johnwilliams3555
@johnwilliams3555 7 ай бұрын
@@Kuziai Are people selling or will they re-build?
@kanakamokunui1039
@kanakamokunui1039 7 ай бұрын
Native Hawaiians just waiting for the next disaster to stop further development
@scratthesquirrel5242
@scratthesquirrel5242 7 ай бұрын
very coincidental fire
@cldude691
@cldude691 7 ай бұрын
It's not for a playground.. it's a safe haven for when everything goes bad on the mainland due to the things they are doing.
@mopthermopther
@mopthermopther 8 ай бұрын
The locals are being pushed into the sea.
@Jonathan-mp3ju
@Jonathan-mp3ju 8 ай бұрын
Actually the desert…LV
@genito1
@genito1 8 ай бұрын
Or the fire...
@azumishimizu1880
@azumishimizu1880 8 ай бұрын
Great
@candymareSweets
@candymareSweets 8 ай бұрын
​@@genito1 erm- go
@duckmercy11
@duckmercy11 7 ай бұрын
From the river to the sea
@jethin37
@jethin37 7 ай бұрын
There’s just no way Oprah got 850 acres of Hawaii for 6.4 million dollars. That’s 7500$ an acre, that’s just robbery. Whoever is selling at those prices please show those offers to non billionaires or someone who is willing to pay a reasonable price
@averyhayden
@averyhayden 7 ай бұрын
A lot of them bullied locals into selling their land after the fires when they lost everything/struggled to rebuild. It was a whole controversial thing back then with locals going online talking about it then getting their posts taken down.
@johnsmith-un2mx
@johnsmith-un2mx 7 ай бұрын
she burned it first.
@yaimavol
@yaimavol 7 ай бұрын
@@johnsmith-un2mx Yep, and there are still a lot of kids missing. The whole thing was very weird and strange
@margaretglowacki5749
@margaretglowacki5749 6 ай бұрын
@@johnsmith-un2mxher land is on the other side of the island
@bsdgffishtuna5186
@bsdgffishtuna5186 7 ай бұрын
increasing taxes 10x on land over 50 acres is totally within the state's authority.
@Ralphfili
@Ralphfili 7 ай бұрын
What caring nice things do you think the property owners would do 'for' their tenants if that were to happen?
@UCiWrMgES50tlUhV3l6NqjNA
@UCiWrMgES50tlUhV3l6NqjNA 7 ай бұрын
@@Ralphfilitheyd lose their wealth quickly and end up having to resell the property
@ItsNotMeItsYou007
@ItsNotMeItsYou007 7 ай бұрын
@@Ralphfili No one wants to be tenants. They want to be home owners.
@laydsimba
@laydsimba 7 ай бұрын
Now I understand why Hawaii is completely unaffordable to both live in AND visit. So sad.
@kanakamokunui1039
@kanakamokunui1039 7 ай бұрын
True
@caseygroves3046
@caseygroves3046 7 ай бұрын
I knew this video would be legit when I heard the marimbas at the beginning.
@pearpo
@pearpo 7 ай бұрын
lol
@EternallyGod
@EternallyGod 7 ай бұрын
They sold the land, but now after getting money from the land they want it back to sell again.
@Satwamassive
@Satwamassive 7 ай бұрын
Agreed.....marimbas are a very serious sound that conveys extreme levels of seriousness.
@inboxnews
@inboxnews 8 ай бұрын
You will eat bugs, own nothing, and be happy. ~Suckerbug
@tuckerbugeater
@tuckerbugeater 8 ай бұрын
@@redmoondesignbeth9119 Zuckerberg is mapping every cell in the human body. What have you ingrates done lately?
@unggoy8564
@unggoy8564 7 ай бұрын
Klaus S.
@raclark2730
@raclark2730 7 ай бұрын
Yeah that's the bond villian Euro trash one. He better not start that though, now we know about his little ranch.
@hjqw1pe
@hjqw1pe 7 ай бұрын
People complain about capitalism and then continue to support it.
@god6384
@god6384 7 ай бұрын
suckerberg also wants to know what you eat at dinner. So post it now!!!
@thedrunkweddingphotographer
@thedrunkweddingphotographer 7 ай бұрын
Remember when you called everyone "far right conspiracy theorist Trumpers" for saying this exact same thing minutes after the fire ????
@tallyholightguy5353
@tallyholightguy5353 7 ай бұрын
Farming cattle is so unsustainable when there isn't that much land for natives to live on
@gregcarter8656
@gregcarter8656 7 ай бұрын
Beef is totally un-necessary in Hawaii anyway. Hawaiians lived here for centuries with no cattle whatsoever.
@e.gadd.1
@e.gadd.1 7 ай бұрын
Its gratifying to know the choicest of pristene lands are reserved to be enjoyed exclusively by the richest among us. And now... back to the mines
@madilinkenmeyer
@madilinkenmeyer 8 ай бұрын
This was very informative. Can you do something similar for farmland? Billionaires and millionaires buying it up and the "middle class" renting it.
@cd3949
@cd3949 8 ай бұрын
This is the way forward, unfortunately. Feudalism 2.0. You will own nothing and be happy.
@2011blueman
@2011blueman 8 ай бұрын
Farmland is slightly different because farming is a classic economies of scale situation were small family farms can simply no longer compete. You either grow into a large farming operation or your farm dies off and is bought by one of those large farming operations.
@ItsNotMeItsYou007
@ItsNotMeItsYou007 7 ай бұрын
@@2011blueman Yet there are people making a living on a couple of acres.
@k2a1991
@k2a1991 7 ай бұрын
As long as those uber rich buy islands, i as a Dutch person don't worry about rising sea levels.
@clintstuckey
@clintstuckey 7 ай бұрын
It has been the land for the rich for such a long time, not just high earners who work a high paying job, but the rich that have won the game and live off their wealth, so expensive to even just visit.
@k.e.becquer4681
@k.e.becquer4681 7 ай бұрын
They usually "have won the game" by exploiting others, think Jeff Bezos.
@First1ToComment
@First1ToComment 8 ай бұрын
At least they didn't use that reporter who was blasted and partying the night before ! 😂
@ForzaMilan-07
@ForzaMilan-07 8 ай бұрын
Which video was that?
@RubzNotNice
@RubzNotNice 8 ай бұрын
@@ForzaMilan-07 this one lol - i feel like this is going to become a common comparison (of whoever is narrating) on all the Forbes videos going forward LOL kzbin.info/www/bejne/e5XYZ5t8ptWKmMksi=RfHvgW4_efL1kvUA
@cococornhuskyy
@cococornhuskyy 8 ай бұрын
it sounds like she's reading this for the first time...
@mondoenterprises6710
@mondoenterprises6710 7 ай бұрын
Bring back the Eisenhower era tax rates on the 1%, 50% tax rate and rebuild the country for the sake of the country.
@Tigertame4
@Tigertame4 7 ай бұрын
That does not work as England discovered, their one percent left.
@stankwho
@stankwho 8 ай бұрын
Theyre building Elysium to shelter themselves from the AI and robot apocalypse.
@grafando
@grafando 7 ай бұрын
This is happening across the entire country, just at a slower rate. Federally, something needs to be done to stop this.
@TTOS69
@TTOS69 7 ай бұрын
Everyone of these videos the presenter sounds and looks like AI
@KingStix
@KingStix 7 ай бұрын
cattle on an island what a great use of space
@williamking6531
@williamking6531 7 ай бұрын
The rich like their beef.
@gregcarter8656
@gregcarter8656 7 ай бұрын
@@williamking6531 Leading to GOUT? A.K.A. "the rich man's disease".
@bekind5738
@bekind5738 7 ай бұрын
@@gregcarter8656 Or lead to Mad Cow disease.
@questioneverything9535
@questioneverything9535 6 ай бұрын
Was it beer-fed cattle I heard?
@questioneverything9535
@questioneverything9535 6 ай бұрын
Beef for thee, none for me.
@christovitchjames5612
@christovitchjames5612 7 ай бұрын
If only there was a way for them to clear up the existing real estate in a very short time period. But who knows? 🔥
@jamesdean2002uk
@jamesdean2002uk 7 ай бұрын
#nailedit
@zachariusziegler
@zachariusziegler 7 ай бұрын
The continuous music makes it too difficult to listen to the narrator.
@thewhitewizard1320
@thewhitewizard1320 7 ай бұрын
Maddening ! Happens everywhere unfortunately ....
@vooteimer1234
@vooteimer1234 8 ай бұрын
Keep some distance. It'll be important in the future that they're untouchable. 🔦
@petrektek1385
@petrektek1385 8 ай бұрын
​@@boyblue3270can't you see it? There will be a revolution against the power. They want to cancel us, they are already trying to replace us with AI and robots. The only way it'll fight for our rights.
@privatepilot4064
@privatepilot4064 7 ай бұрын
So that’s what the Maui “wildfire” was all about?
@h4n4219
@h4n4219 8 ай бұрын
Is the narrator for this video AI generated? I’m getting some uncanny valley from the video.
@PurpleProjects
@PurpleProjects 8 ай бұрын
Yeah probably ai, no breathing and same tone
@BaldMancTwat
@BaldMancTwat 7 ай бұрын
It's because she is barely moving her lips. Most CGI characters are obvious because of their poor lip movement.
@Provocateur193
@Provocateur193 7 ай бұрын
Yes it does look and sound a bit AI.
@nancyneyedly4587
@nancyneyedly4587 7 ай бұрын
Her name is Phoebe Liu, reporter, real person.
@selectionn
@selectionn 7 ай бұрын
@@nancyneyedly4587 weird how they chose complete dogshit for recording the audio considering they are a massive corporation. sounds like garbage and the reporter has zero emotion.
@Bwmblairdoc
@Bwmblairdoc 8 ай бұрын
When Hawaiians complain that they are being priced out of the market , what they fail to recognize is that the same is happening to every other coastal community in America. I live in a beach town on the east coast and my house is 3x higher than when I bought it 7 years ago (due to rich NYC people buying away from the city). If I was 20 years younger trying to buy a first home I would just have to work 3x harder and smarter to make enough $.
@wthomas5697
@wthomas5697 7 ай бұрын
However, the legitimate gripe Hawaiians have is that this system of land ownership was imposed upon them by foreigners. Unless, of course, you happen to be a native American.
@ridemfast7625
@ridemfast7625 7 ай бұрын
@@wthomas5697 Yeah, Captain Cook sucks.
@hyphydan
@hyphydan 7 ай бұрын
Asian immigrants keep flooding in.🧧🧧🐉🐉
@indigenoushawaiian_kanaka
@indigenoushawaiian_kanaka 7 ай бұрын
...hawaiians complaining??? ...as in who??? The caucasians, japanese, filipinos, blacks, mexicans and OTHER races that move to my native lands, get a driver's license or I.D. and call themselves "hawaiians" OR are you referring to us Kanaka Maoli, the indigenous people of the hawaiian islands, those like myself whose Queen was imprisoned, whose country was STOLEN by the United States because they wanted a strategic military base (Pearl Harbor) in the middle of the Pacific? Whose lands were stolen because caucasians and asians wanted their "Private" Hawaiian Paradise??? And whose people was FORCED to call themselves "Americans???" Which ones are you talking about???? Coz the more of yall move here, the more yall make it super expensive for us indigenous to live and we become homeless, which MANY of my people are...we effectively are strangers in our own lands...so, which "Hawaiians" are you talking about???
@Puna_G
@Puna_G 7 ай бұрын
Typical foreigner response. SMH
@danielcarter491
@danielcarter491 7 ай бұрын
Case in point, the Island of Bermuda. The rich own that Island as well. There are not many hotels in Bermuda for that reason and not much for a tourist to see or do there. It's only good as a stop over for cruise ships.
@unkopower7899
@unkopower7899 7 ай бұрын
gotta start making man made islands for the locals to live. the workers that serve the rich will need somewhere to live.
@jasminerosewater3891
@jasminerosewater3891 7 ай бұрын
disgusting, I hate the ruling class
@joseh3564
@joseh3564 7 ай бұрын
Why not? They already bought the majority of politicians.
@thomassadler2071
@thomassadler2071 7 ай бұрын
Eat the rich is really starting to sound more and more appealing.
@TheFiown
@TheFiown 7 ай бұрын
And the fire was an accident, yup !
@Mallorca1005
@Mallorca1005 7 ай бұрын
Same thing is happening in Puerto Rico. Housing prices have skyrocketed since 2017 after hurricane Maria.
@kianlee3138
@kianlee3138 8 ай бұрын
This is their road to escape from law enforcement for any behind the scenes stuff
@Stillcantthinkofaname
@Stillcantthinkofaname 7 ай бұрын
New -Epstein- Oprah's island
@smokeyangelav
@smokeyangelav 7 ай бұрын
This is not unique to Hawaii. It's happening everywhere there's a vacation destination.
@dajosee
@dajosee 7 ай бұрын
In order for people to buy land, it takes others to sell it . Stop selling it.
@Karnage007
@Karnage007 7 ай бұрын
Ironic that the fire didn't burn any millionaires homes.
@seashellmac1968
@seashellmac1968 7 ай бұрын
PS Zuckerbucks is building a HUGE bunker below ground.. why???? ummmm does he know something most of us don't?
@olyokie
@olyokie 7 ай бұрын
France dealt with their royals problem quite efficiently in 1789. We can still learn from history….
@paanne1013
@paanne1013 7 ай бұрын
They sure did!
@j.cobbin4638
@j.cobbin4638 8 ай бұрын
Insightful. Thank you.
@ericbaese3038
@ericbaese3038 7 ай бұрын
Yep. Screw these people.. I hike on their property all the time!
@bodhitkunwar2731
@bodhitkunwar2731 8 ай бұрын
People don't even realize this is an AI video
@VinyZikss
@VinyZikss 7 ай бұрын
Lol it isn't
@mv2873
@mv2873 7 ай бұрын
they are probably relocating because here in the states it will probably be a sh$tshow
@taiyoctopus2958
@taiyoctopus2958 7 ай бұрын
idk why voters in hawaii elect ppl into state positions who continually allow this to happen. This has been an ongoing problem for years, and not just billionares, just people with wealth in general who can afford vacation homes or properties with intent to make it a profitable air bnb, they push out the average working class Hawai'i resident & the native Hawaiian people.
@hannahmondry4678
@hannahmondry4678 7 ай бұрын
There is a very simple solution, and it's called: legislation.
@snicklefritzed
@snicklefritzed 7 ай бұрын
Mars property isn't even for sale yet and these guys already own a %
@craigpennington1251
@craigpennington1251 7 ай бұрын
What a fabulous & true video. Best of wishes to you, Phoebe Liu.
@gambeeno817
@gambeeno817 8 ай бұрын
I cant tell if the voice over is A.I
@BongRipBing
@BongRipBing 7 ай бұрын
100% tax on billionaires. 1 billion is enough money for a single person.
@ItsNotMeItsYou007
@ItsNotMeItsYou007 7 ай бұрын
Governments just steal and waste it. No income tax. Just land tax. Evens out for regular people but it would make it less desirable as an investment which would make it cheaper so less tax. Makes working worth it and investing in land, not so much.
@greggreg2263
@greggreg2263 7 ай бұрын
What do they know that we don’t know why are they buying up all these islands ?
@yaimavol
@yaimavol 7 ай бұрын
Zucks building a huge bunker on his land
@TRUTHRULES777
@TRUTHRULES777 7 ай бұрын
Thank you Forbes!
@pamelawing5747
@pamelawing5747 7 ай бұрын
Right no Hawaii is hurting so a great opportunity for the Vultures to swoop. There is a housing shortage for local people,.
@KimSmith-b9v
@KimSmith-b9v 7 ай бұрын
Well done, Forbes!
@UDONTCME111
@UDONTCME111 7 ай бұрын
Fobes does good reporting now?!?!?!? How’d this happen. 😮
@pinegd1
@pinegd1 7 ай бұрын
How dare rich people buy stuff! We should all be equally poor. - Karl Marx
@gillesvueghs
@gillesvueghs 8 ай бұрын
You should work on your voice tone! It sounds like you can burst into tears at any moment.
@kilburn1313
@kilburn1313 7 ай бұрын
Some of those prices for many acres of land just do not seem enough to me, I am sure true Hawaiian's feel the same
@paanne1013
@paanne1013 7 ай бұрын
It may be that because they are buying 100 plus acres, it just works out to a lower per acre price, but you can't just buy an acre or two of the land they are buying up.
@brentsmelser
@brentsmelser 8 ай бұрын
You need to start voting differently to bring the change you want. Ask your representatives to make policy change so that these large land sales don’t happen.
@remoir6273
@remoir6273 8 ай бұрын
​@@Liviticus so vote for the most pro billionaire party? Lmao
@someonenotnoone
@someonenotnoone 7 ай бұрын
​@@Liviticus"Expecting Republican policies to help average people" is one entry
@personalemail9329
@personalemail9329 7 ай бұрын
​@@someonenotnoonegiven the failure of out of touch Democrats just like they do in Cali, that does sound like a better option. Atleast Cali Hipsters can run away to settle in Texas.
@robindavid9640
@robindavid9640 7 ай бұрын
Wait till China claims Hawaii for its own. They do have that tract record of claiming Islands that suits their interest.
@ninja.saywhat
@ninja.saywhat 7 ай бұрын
was the host doing asmr? i thought i was hearing whispers.
@rory-red
@rory-red 7 ай бұрын
there are billionaires ruining Hawaii
@shuttlecommander
@shuttlecommander 7 ай бұрын
makes me kinda wonder if the hawaii fires were intentional.
@richardb8104
@richardb8104 7 ай бұрын
There is a great video out there showing how the fires spread, and how strange it is how the heat doesn't expand like normal fires to damage nearby buildings. They seem to imply it could have been something else, like energy weapons.
@fargoth391
@fargoth391 7 ай бұрын
@@richardb8104 Exactly, a lot of people don't know this, but there is actually a reptilian alien mothership in the orbit of Earth; and it was last seen over Hawaii. There are countless videos of grey aliens firing beams of lightning at properties and instantly setting them on fire. Why isn't the media talking about this??
@Tigertame4
@Tigertame4 7 ай бұрын
likely they were
@questioneverything9535
@questioneverything9535 6 ай бұрын
​@@Tigertame4kind of like a military exercise that was not just an exercise
@miguelangelrodriguez8999
@miguelangelrodriguez8999 7 ай бұрын
Great report. Thank you
@Anonomush_oranges
@Anonomush_oranges 7 ай бұрын
Why is Orca Winfrey in Hawaii?
@jeanneplymette411
@jeanneplymette411 7 ай бұрын
Savage!🤣🤣🤣
@TerriHartegan
@TerriHartegan 7 ай бұрын
Hope the locals can buy the land back if not it will only become a playground for the 1 percent !
@TheOne1One1One1One
@TheOne1One1One1One 8 ай бұрын
Can Forbes do a video without constantly showing the face of the narrator?
@yivmaiden
@yivmaiden 8 ай бұрын
I think she's an AI. There's the uncanny Valley vibes about the narrator.
@darkchocolate4595
@darkchocolate4595 8 ай бұрын
Yesss if the don’t give certain vibe or strong personality and passion don’t bother
@TreDogOfficial
@TreDogOfficial 8 ай бұрын
@@yivmaidenword up!😂
@Fatman305
@Fatman305 8 ай бұрын
Narrator is damn gorgeous
@02nupe
@02nupe 8 ай бұрын
Why do you have a problem with narrator being shown, that’s literally nothing to complain about
@MsSmartmonkeee
@MsSmartmonkeee 7 ай бұрын
Weird that you missed out on the founder of Salesforce purchasing large tracts of land around the Hawaiian Homesteads in Waimea on Big Island. Is he a buddy of yours?
@luciavasile2895
@luciavasile2895 7 ай бұрын
Omg..no wonder the rents went up sky😢😢😢. So sad , we must suffer, no matter what?😢😢😢. Profits over simple hard workers like me and so many more kamai'na😢😢😢
@estebanmesa2925
@estebanmesa2925 7 ай бұрын
idk, if this is a radical idea, but there should be land ownership limits in America, how is it possible that one person owns 98% percent of the 6th largest island of the state of Hawaii, thats insane!
@rodmbs
@rodmbs 8 ай бұрын
Is this voice AI generated?
@fedbia2003
@fedbia2003 7 ай бұрын
Most areas that rely on tourism have the same thing. A few people owning land. This is blatant misinformation and selective reporting.
@ashishpatel350
@ashishpatel350 8 ай бұрын
that is what happens when the government needs more tax dollars.
@veseyvonveitinghof
@veseyvonveitinghof 7 ай бұрын
...who's selling is more interesting than who's buying. Think about it...
@2935441
@2935441 8 ай бұрын
Instead of the Supreme Court of Hawaii worrying about people owning guns and violating the Aloha spirit, they should be more interested in the land, especially after a disastrous fire whipped out a city and killed hundreds.
@MICHGO1
@MICHGO1 7 ай бұрын
TURN UP THE MUSIC, WE CAN STILL HEAR THE PERSON SPEAKING. WHO EDITS THESE VIDEOS?
@sotheados66
@sotheados66 8 ай бұрын
I can't express the frustration!
@Golgibaby
@Golgibaby 7 ай бұрын
Mahalo for highlighting this!
@michaelsomething7674
@michaelsomething7674 8 ай бұрын
Keep the country, country!
@kitbram2033
@kitbram2033 7 ай бұрын
Most people have to file permits to build. Available for public inspection.
@ItsNotMeItsYou007
@ItsNotMeItsYou007 7 ай бұрын
Some "people" are corporations or trusts.
@Tigertame4
@Tigertame4 7 ай бұрын
they use shell companies to buy to sheild themselves
@James-mk8jp
@James-mk8jp 8 ай бұрын
Why are people selling the land to them
@ISnip3rJoeI
@ISnip3rJoeI 8 ай бұрын
Because people like having money. Imagine that
@davidb2206
@davidb2206 8 ай бұрын
Same reason that millions of Californians sold their home to communist Chinese: CASH.
@DCTag
@DCTag 8 ай бұрын
Are you that daft?
@davidb2206
@davidb2206 8 ай бұрын
Same as the millions of homes sold in California to communist Chinese. Cash.
@James-mk8jp
@James-mk8jp 8 ай бұрын
@@DCTag Are you? The comment was clearly rhetorical. Obviously they want money. Can't have your cake and eat it too.
@robindavid9640
@robindavid9640 7 ай бұрын
The Billionaire landowners on the Hawaiian Islands have much better Lawyers than the State of Hawaii Public Officials. People say, raise taxes on these Billionaires. Who is going to enforce that? Did you see the way Hawaii's Gov., Lahaina's Mayor and the Chief of Police handled Lahaina's fire? What about POTUS? Who do you think these officials are going to side with? The $$$$ or the common man? I rest my case.
@barbaracameron5610
@barbaracameron5610 7 ай бұрын
Please..this is native Hawaiian homeland.put land in trust to natives
@gregcarter8656
@gregcarter8656 7 ай бұрын
That was already done in 1920, over 100 years ago. See the Hawaiian Homes Commission Act.
@koohanpaik-mander7567
@koohanpaik-mander7567 7 ай бұрын
You missed Marc Benioff on the Big Island.
@kanakamokunui1039
@kanakamokunui1039 7 ай бұрын
Nah,rumors
@FrankGallagherr
@FrankGallagherr 7 ай бұрын
$200 billion to Ukraine and $700 dollars for Maui people that’s your president America
@JM-Unleashed
@JM-Unleashed 7 ай бұрын
Who are the other billionaire land owners? You mentioned that there are 37, but only named few 🤔
@puggleski6097
@puggleski6097 8 ай бұрын
All of them have private armies AS WELL AS the US military on speed dial.
@user-dq2ym1nn9k
@user-dq2ym1nn9k 7 ай бұрын
Police "Force" is just hired thugs to protect the "elite" - australia
@AnaterZ
@AnaterZ 7 ай бұрын
I am going to just build my house on a piece of land that they don't pay attention to
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