Tim Draper, the SpaceX and Tesla investor, is selling his $7.9M private island in Tanzania

This article was published on August 28, 2026 The Draper Associates founder announced the sale himself on X with no broker and no listing, in the month the ECB reported that EU venture funds hold about 150B euros against roughly 930B in the United States Tim Draper, Draper Associates, on Centre Stage during day one of Web Summit 2021 at the Altice Arena in Lisbon, Portugal. Tim Draper is selling his island in Lake Tanganyika for $7.9M or best offer, announcing it himself on X and inviting offers directly by email. The ECB reported this month that EU venture capital funds hold around 150B euros against roughly 930B euros in the United States. Tim Draper is selling his island in Lake Tanganyika, Tanzania, for $7.9M or best offer. “Gorgeous place, but we don’t use it enough,” the venture capitalist wrote on X on Friday. There is no broker and no listing. He is taking offers at his own work address. The location is not the usual trophy. Lake Tanganyika is the longest freshwater lake in the world and the second deepest after Baikal, and it is shared by Tanzania, the Democratic Republic of Congo, Burundi and Zambia. Draper is commonly described as a SpaceX and Tesla investor. Both were p