Billionaire Ian Wace bought a $2.2 million Scottish island in 2017. Now, his $135 million Tanera Mòr reviv
- Posted on August 12, 2026
- By Business News Today
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Billionaire Ian Wace bought a $2.2 million Scottish island in 2017. Now, his $135 million Tanera Mòr reviv
Billionaire hedge fund manager Ian Wace bought Scotlands remote Tanera Mòr island for about $2.2 million in 2017, when its historic buildings were deteriorating and its population had dwindled. What began as an island purchase has since grown into a $135 million regeneration project, with more than 50 buildings restored, 100,000 trees planted, farmland reclaimed and traditional Scottish crafts revived.
