• Lily Collins Shows Off Her Figure in a Striking Swimsuit During French Getaway

  Lily Collins showed off her enviable figure in a revealing swimsuit during a brief getaway to France. The actress shared the photo as part of a new collection of snapshots on Instagram...

• “Even Dog Shit Deserves More Respect”: Elon Musk Brutally Slams Film About His Life

  Elon Musk has lashed out at Alex Gibney’s four-hour documentary about his life, calling the film a “hit job” and describing the director as a “terrible person.”..

• “I’m Bored With It”: 68-Year-Old Sharon Stone Reveals She Has Been Living Without Sex for Years

  Sharon Stone has made a candid revelation about her personal life. The 68-year-old actress said she has been celibate for quite some time and no longer wants casual relationships — she is no longer looking for a partner simply for sex, but for a true life companion...

• Sydney Sweeney Goes Naked and Covers Her Intimate Areas With Footballs — Fans Go Wild

  Sydney Sweeney has stripped off again. This time, the actress went naked for an advertisement for sports prediction platform Novig — but her eye-catching figure proved so distracting that viewers found it difficult to focus on the actual ad...

• “Naked Audacity”: Bianca Censori Shocks the Public Again

  Bianca Censori has once again decided to dramatically reinvent her look...

• 24-Year-Old Mukbang Star Dies After Extreme Eating

  Twenty-four-year-old mukbang star Ganfang Yingying has died following health problems that were reportedly linked to extreme eating challenges...

• He Called the Mothers of His Children “Breeders”: Elon Musk’s First Wife Opens Up About Their Marriage

  A new documentary is shedding light on Elon Musk’s private life...

• John Malkovich Cancels Israel Performance After Scandal Over Fabricated Quotes

  John Malkovich has canceled a planned trip to Israel next year, where he was due to take the stage, after a PR company hired by the organizers attributed statements to the actor that had actually been written by the company itself...

A billionaire who made his fortune in bitcoin is trying to sell his private island in Africa and has already received a flood of “hilarious” offers — ranging from gold mines and houses to cows. There is just one problem: technically, the island does not belong to him.

Tim Draper, the well-known technology investor and founder of Draper Associates, told The Post exclusively that interest in his Lupita Island in Tanzania has been enormous.

“The interest has been incredible,” Draper said. “I’ve been offered gold mines, houses, cows, and someone even offered me $1, with a promise to pay the rest when they could.”

Rumors that Draper planned to sell Lupita began circulating on social media after he announced the sale on X on August 28.

“I’m selling my island on Lake Tanganyika. Beautiful place, but we don’t use it enough. $7.9 million or best offer,” the billionaire wrote.

But just days later, the story took an unexpected turn. Tanzania’s Ministry of Lands issued a statement saying that Lupita Island legally belongs to the Tanzania Investment and Special Economic Zones Authority (TISEZA), not Draper.

The billionaire did not dispute the claim.

Officials explained that Firelight Safaris Ltd., a company in which Draper is a shareholder, holds what is known as a “derivative right” to develop and operate the resort built on the property.

“What is being sold is everything that the tenant has built,” Draper explained to The Post. “The buildings and villas are on land leased from the Tanzanian government.”

Such an arrangement is common in Tanzania: all land in the country is publicly owned, while foreign investors typically obtain rights to use specific plots through government leases or special derivative rights. Similar mechanisms are used at other popular island resorts, including in the Maldives.

According to TISEZA, such rights can be granted for up to 99 years, with the possibility of renewal.

Lupita is located in Tanzania’s territorial waters, in the western Rukwa region, and can only be reached by boat. The island covers about 110 acres — roughly 0.17 square miles.

The island sits in Lake Tanganyika, which covers approximately 12,700 square miles. The enormous body of water is shared by Tanzania, the Democratic Republic of the Congo, Burundi and Zambia.

According to the resort’s website, Draper’s property includes 10 spacious thatched-roof cottages, some equipped with outdoor bathrooms and private plunge pools, as well as a spa, gym, large swimming pool, games room, several bars and a 46-foot boat.

Draper first came up with the idea of owning his own exotic island after a trip to the Caribbean around 2001. Several years later, while on safari in Tanzania with his family, he and travel operators Tom and Belinda Lithgow chose Lupita Island, which was uninhabited at the time.

Construction began in 2004, and the resort opened in 2008. According to the publication, the project cost around $6 million and was accompanied by numerous costly setbacks.

Despite the challenges, Draper described Lupita as his “backup plan” and a long-term bet on the growth of African tourism. Now, however, he has decided to part with his island paradise for a much simpler reason: his family barely uses it.

The island experiment is now entering a new phase, with the billionaire looking for a buyer willing not only to purchase a slice of tropical paradise but also to navigate all the legal paperwork that comes with it.

Whatever the final deal looks like, Draper admits the story has become so unusual that it could easily be turned into a book.

“I think when all this is over, this could make a whole book,” he told The Post.

Draper is far from the only billionaire to be seduced by life on a private island.

Virgin Group founder Richard Branson turned Necker Island in the British Virgin Islands into a luxury private resort and, in 2007, acquired nearby Moskito Island, dividing it into private estates.

Oracle co-founder Larry Ellison acquired about 98% of the Hawaiian island of Lanai in 2012 for roughly $300 million. He later invested heavily in renovating hotels, developing agriculture, providing affordable housing and improving community infrastructure.

Follow NEWS.am STYLE on Facebook, Twitter and Instagram