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Larry Ellison bought an entire island and Jeff Bezos owns a $78 million property there, but eBay's reclusive founder is Hawaii's richest resident [Yahoo! Finance]
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Omidyar has given away $1.5 billion of his fortune since 2014. America's elite have long seen Hawaii as an ideal tropical paradise for their vacation homes. Billionaires like Oprah Winfrey, Jeff Bezos, Peter Thiel, and Larry Ellison all own property there. But despite the big names and showy personalities of Hawaii's ultrarich, Pierre Omidyar, the media-shy founder of eBay, is the island state's richest permanent resident, according to Forbes' list of the richest billionaire in every state for 2024. Forbes' list consisted of 54 billionaires living in 47 of the 50 US states. Together, they're worth $1.6 trillion. Omidyar contributes $6.5 billion to that total. The French-born Iranian American founded eBay in 1995. Omidyar became a billionaire when the company went public three years later. In 2002, eBay acquired the online-payment platform PayPal for $1.5 billion, which was later spun off in 2015. In 2020, Omidyar stepped down from eBay's board as part of a broader ove
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- PayPal Holdings, Inc. (NASDAQ: PYPL) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.[MarketBeat]
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