Ted Turner bought 4,680-acre island to stop development; sold it for $4.9m
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All 1 reports on Tue, 29 September 2026
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Tue, 29 September 2026
1 report- Times of India14:12first to report
Ted Turner sold St Phillips Island to the South Carolina government for $4.9 million, much lower than its appraised value. The island will become part of South Carolina's state park system, focusing on ecosystem protection. Public access will be limited, allowing for educational programs and eco-tourism opportunities. Turner initially acquired the island in 1979 to prevent commercial development and has maintained its natural state.