Public-spirited billionaires are buying up ecosystems and turning them into conservation areas.
Sebastian Pinera, one of the richest men in Chile, has a resume that includes introducing credit cards to his country, owning South America's most successful airline and large-scale real-estate developments. Now he has what every chic billionaire needs: a private ecosystem.
Parque Tantauco, which Pinera created last year, is 120,000 windswept, Chilean hectares on Chiloe Island, near Patagonia. Pinera has promised to make a top priority of the conservation of offshore blue whales and inland virgin forests.
In fact, millions of hectares worldwide are being bought by business leaders and placed in private charities, conservation trusts, or handed over to governments as a gift.
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