Oakley and Red camera founder (and #462 on Forbes Billionaire List) Jim Jannard is apparently buying up a couple beach front lots on Kauai’s North Shore according to a story in Pacific Business News.
Jannard is under contract to purchase several adjacent Hanalei Bay beachfront homes about a quarter-mile up the beach, a source tells PBN. . . . Jannard’s Kauains LLC in 2012 purchased a 23,162-square-foot parcel of land on Weke Road in Hanalei for $13.35 million from Jan Hailey Revocable Trust, near his current purchases. He sold it to Waioli Surf Shack Holdings LLC for $15 million a year later, according to public records.
If you’re going to own a strip of beach front somewhere in the world, it might as well be Hanalei Bay, right?
[Link: Pacific Business News]
