Warren Buffett reportedly buys Greek island of Agios Thomas for 15 million euros

American tycoon Warren Buffett reportedly partnered an Italian investor and bought the Greek island of Agios Thomas, translated or referred to as St. Thomas, which is located in the Saronic Gulf near Athens, writes the Greek newspaper Proto Thema in its electronic edition.

Agios Thomas St thomas island

Location of Greek island of Agios Thomas aka St. Thomas

Warren Buffett and Alessandro Proto have joined their “financial efforts” to purchase the Greek island of Agios Thomas for “only” $15 million.

The two issued apparently a press release stating that they will make more investments on the island, planning to build properties which help develop the region.

Warren Buffett believes that Greece is currently offering many opportunities for those willing to invest.

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If true, Buffett’s move wouldn’t be the first acquisition of a Greek island by a famous person as earlier last week Hollywood star Johnny Depp acquired the uninhabited Greek island of Stroggilo for the amount of 4.2 million euro.

Greece is facing a serious financial crisis and forced to put up for sale several islands, the cheapest offer featuring a starting price of just three million euro, that’s the amount you would pay for a luxury apartment in central London.

Agios Thomas auction

Agios Thomas was put up for sale online for 15 million euro


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