Former Morgan Stanley CEO John Mack Lists $29.5 Million Caribbean Mansion
The beachside home is in the exclusive Oil Nut Bay development on Virgin Gorda.
A large, covered entertaining area overlooks the pool and lawn.
Source: DOES MediaIn 2011, John Mack, the former chief executive officer of Morgan Stanley, was on a yacht in the British Virgin Islands with his wife, Christy, when the captain made an unusual suggestion to the couple. “Our captain said, you should go see this land that a developer wants to turn into a really premier resort area,” Christy Mack recalls.
Even though it was what she says was a “cold, dreary, nasty, rainy day,” they got on a tender and met the developer, David Johnson, who showed them what would soon be the low-density, 400-acre enclave Oil Nut Bay on the northeast tip of Virgin Gorda in the British Virgin Islands. Soon after, they bought a raw piece of land in the development but struggled for years to find an architect (let alone a design) they were happy with. In 2015 they “traded in” the empty lot, putting the credit toward the purchase of a spec house on the beach.