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Billionaire Tim Draper Selling His Private Island In Tanzania—Wants Offers By Email

The venture capitalist is inviting buyers by email after saying the island is underused and asking a price modest by his standards.

Summary by Forbes
Lupita Island can sleep up to 26 people in 10 cottages.

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Tim Draper would have put on sale his private island on Lake Tanganyika for USD 7,900,000, a striking figure for an investor known for his early bets on technology and for acquiring almost 30,000 BTC. The case serves as a contrast to a diagnosis by the ECB: European venture capital funds manage six times less money than Americans, a gap that particularly strikes companies seeking to grow.

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TNW broke the news in Amsterdam, Netherlands (Kingdom of the) on Friday, August 28, 2026.
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