Michael Schumacher – Dubai, $5.55 Million

Michael Schumacher is a Formula 1 race car driver who has won numerous awards in the past but is already enjoying a peaceful life in retirement. Unlike others who have to spend millions for their own private island, Michael was actually gifted an island by the Prince of Dubai. The island is worth $5.55 million and is part of 300 islands which are artificially made. There are no commercial travel deals to get to the islands because you can only reach it by helicopter or boat, so let’s hope that Michael invests in a private jet, too.