Community Discusses Purchase of Molokai Ranch
By Jack Kiyonaga, Community Reporter
As Molokai residents are well aware, Molokai Ranch has been for sale since 2017. For $260,000,000, a buyer would become the owner of over 55,000 acres of land with infrastructure like water lines, roads and housing — equating to about a third of the island.
Tech moguls have a bad habit of snatching up land in Hawaii. Over the past few years, Mark Zuckerberg has bought 1,500 acres of Kauai. Larry Ellison famously purchased 90,000 acres, or 98 percent, of Lanai for $300,000,000. A massive land grab by an outside investor is what the Molokai community is seeking to avoid. …