Locals Concerned Over Tech Billionaire's Land Purchases in Hawaii
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Tech billionaire Marc Benioff has quietly bought hundreds of acres of land in Waimea, Hawaii through anonymous LLCs.
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Locals are concerned about Benioff's purchases as housing is scarce in Hawaii and they don't know his plans.
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Benioff says he bought the land for personal use and has donated about a third of it, but still owns over 200 acres.
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Hawaii state senator worries outside buyers like Benioff purchasing land could leave little left for locals as median home prices top $1 million.
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Locals want to understand Benioff's long-term vision so they can maintain the fabric of the Hawaiian community.