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The actor Idris Elba is bringing high tech and wind power to Sherbro Island in his ancestral homeland of Sierra Leone.
Sherbro Island
City
See inside the tech-topia cities billionaires are betting big on developing, and where they will set the laws...
Call it the billionaire tech-bro's dilemma.
Venture capitalists want to build their own tech utopias, and have been cutting deals with governments, mainly in lesser economically developed countries, to start building luxury towers and golf courses in de-regulated zones where, in some cases, they get to decide what's legal.
It is "borne out of a dissatisfaction with the current political systems," according to Mark Lutter, founder of the non-profit Charter Cities Institute, a non-profit which seeks to,
It's easy to think the motivation is a desire to play God over one's own kingdom, but Oliver Janssens, a bitcoin millionaire developing Destiny, a community on the Caribbean island of St Kitts, told The Post,
Here are five projects, and one cautionary tale showing how wide the gap between vision and reality can be.
Prospera, Honduras
Prospera, a new city in Honduras, offers luxury amenities that include golf and access to longevity drugs. Próspera
Prospera already has some 1,000 residents living in what appears to be your typical upscale gated community with its own beach and golf course.
Some of the financing comes from mega-investor Peter Thiel, but it was founded by Erick Brimen, a Venezuelan money manager.
Interestingly the place has some of its own laws, including an arbitration setup where a judge in the US rules on cases over the internet.
Health influencer Bryan Johnson is a fan, having traveled for,
Studio apartments start at $120,000 and a 3,000-square-foot villa facing the ocean will run around $850,000.
No word on whether their official slogan will be "live long and Prospera" yet.
Destiny, St. Kitts and Nevis
Night and day, on Destiny, crypto is expected to be the currency of choice. Destiny
Oliver Janssens made multiple millions out of cryptocurrency and was able to purchase 4-square-miles of property on the Caribbean island of Nevis.
He hopes to sell 1,000 units per year with one ambition:
Still negotiating rules with the island government, Janssen says:
He envisions crypto being the local currency and houses will cost between $500,000 and $3 million.
Alpha Cities, West Africa
This floating city is a rendering for an early project put together by former Google engineer Patri Friedman. He is now focused on landlocked cities. ideacity/YouTube
Not content to put up just one city, Patri Friedman, through his Pronomos venture capital fund, is working on Alpha Cities - in the plural...
However, they're mostly still on the drawing board.
In typical tech fashion, the industries will include,
From the perspectives of his host countries, said Friedman,
California Forever
California Forever is hoping to bring back the great American city. California Forever/ SITELAB urban studio
Different from other projects of its ilk, the idea is to establish a town which hews to an all American ideal, rather than its founders rallying to rejigger laws.
With a billion-dollars of funding, some 94-square-miles of land and people like LinkedIn co-founder Reid Hoffman and venture capitalist Mark Andreessen behind it, it has a lot of goodwill.
The brainchild of Jan Sramek, formerly a trader at Goldman Sachs.
He hopes to break ground in 2027.
Sherbro Island, Sierra Leone
Sherbro Island is designed to be a city of the future with a wind-farm providing energy. Sherbro Island City
British actor Idris Elba might not be a tech guy, but he is the force behind the modernization of Sherbro Island, in Sierra Leone, his father's homeland.
Earlier this year, Elba and his partners received clearance from the country's government to turn Sherbro into what has been dubbed,
Officially, it is a Special Economic Zone.
According to Forbes Africa, the inspiration to develop the island came from his grandfather who asked Elba to,
It will have a wind farm at the center of what Elba called a,
Akon City, Senegal
Akon City (Hussein Bakri/BAD Consultant/Semer Group)
Proving just how hard all pulling off one of these projects is, Akon City in Senegal serves as a cautionary tale.
Backed by the famed R&B singer, he wanted to develop a real life Wakanda, the fictional setting of superhero movie "Black Panther."
The renderings looked incredible, and three miles of land in the city of Mbodične were chosen to be turned into the town of the future.
It was to be powered by solar energy with cutting edge architecture, and trade in the singer's signature Akoin cryptocurrency.
However, by 2025 the only structure half-built was a reception building, with no roads, housing or power. Akon admitted his crypto project hadn't worked out, there wasn't enough investment money and the entire project was abandoned.
Now there are plans to build a "more realistic" endeavor, according to authorities:
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