Private Islands of Late Billionaire Chris Cline Ask $29.9 Million
Nine private Bahamian islands formerly owned by the late billionaire entrepreneur Chris Cline are coming on the market for $29.9 million, according to the WSJ.
On July 4, Mr. Cline died in a helicopter crash on his way off one of the islands along with his daughter, three of her college friends and two pilots. Mr. Cline, 60, was known as the “King of Coal” for his role in acquiring high-sulfur coal deposits in the early 2000s when other energy investors were shunning them.
The compound comprises 277 acres across the Abaco Islands, less than 70 miles off the South Florida coast.
The property sustained minimal damage, mostly to landscaping, during Hurricane Dorian, according to the estate’s trustees.
The main island, Big Grand Cay, has seven houses, including a 1950s-era coral stone home as well as Bahamian-style, Asian and contemporary-style villas, according to listing agent Bill Yahn of the Corcoran Group, who shares the listing with John Christie of H.G. Christie Ltd. in Nassau.