World's Most Expensive Island

Image from Google Maps is by Oscar Aguilar Serra

This small Island named “Vatu Vara” in Fiji is the World's most expensive Island. It was reportedly bought by some private party in 2006 for a  record-setting sum of US $75 million.

There is also an interesting story associated with it. As per "South Sea Reminiscences, by T.R. St. Johnston, London 1932";

“The island was at one time bought and occupied by Joe Thompson, and American seaman to whose movements and affluence a great deal of mystery where attached. He seemingly had an endless supply of gold coins, the source of which he could never be induced to divulge; and as there was one part of the island which he would allow no one to approach, it was thought that he had buried the treasure there. The truth of the matter was never known. Thompson was insane at the time of his death, and the secret of his buried treasure, if it ever existed, died with him.”

Mel Gibson’s private island 'Mago Island' is a good 20 miles (32 Km) East from here.

More information and photos at Forbes Link

View in Google Maps

Edit Note July 3, 2020
Dead links/defunct photos removed and new photos added.