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Oluwatosin Racheal Alabi

Features Reporter

Oluwatosin Racheal Alabi writes feature stories and general news for Billionaires.Africa, providing deeper insights into key issues.

Billionaire Tim Draper’s $7.9 million Tanzania island sale faces government ownership clarification

Billionaire Tim Draper’s $7.9 million Tanzania island sale faces government ownership clarification

Billionaire Tim Draper’s $7.9 million plan to sell his investment in Tanzania’s Lupita Island has drawn a government clarification: the island itself remains state-owned. Draper’s stake is tied to the luxury resort and investment rights held by Firelight Safaris, subject to Tanzanian law.

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