How Much of Oak Island Do the Laginas Own? According to sources, Marty and Rick Lagina, along with their partners, own 78% of Oak Island. The brothers’ investment in the island started with a 50% stake in Oak Island Tours Inc.
Marty and Rick Lagina don’t own Oak Island in its entirety. Instead, the brothers are involved in a business partnership with Craig Tester, Dan Blankenship (who has owned a portion of the island since before it sold in 2005), and Alan K. Kostrzewa under the Oak Island Tours Incorporated. The business is said to own around 78% of the island.
Marty and Rick Lagina don’t own Oak Island in its entirety. Instead, the brothers are involved in a business partnership with Craig Tester, Dan Blankenship (who has owned a portion of the island since before it sold in 2005), and Alan K. Kostrzewa under the Oak Island Tours Incorporated. The business is said to own around 78% of the island.
The remaining 22% of the island is owned by other private owners, which you occasionally hear Rick, Marty, and the rest of The Curse of Oak Island cast mention on the show.
With a perceived net worth of around $100 million, Marty Lagina has made a name for himself in the business world. In addition to his connection to Oak Island Tours Incorporated, Marty Lagina owns a vineyard in Traverse City, Michigan and a wind turbine company that focuses on green energy. 4. Rick is a retired postal worker
As with any historical plot of land, obtaining permits for The Curse of Oak Island operation was understandably difficult. Marty and Rick Lagina reportedly began prepping for the show in 2012, two years before the series aired. With immense effort, they managed to lock down the right permits for both filming and treasure hunting. 2.
How old was Rick Lagina when he discovered Oak Island?
At the age of 11 years old, Rick Lagina became interested in the treasure of Oak Island. He read an article in the Readers Digest. The article told about the legend of treasure being buried there, wood timbers found and the booby traps. Rick became fascinated by the thought of treasure being buried on the island.
The Laginas are a close knit family. The Laginas family is from Kingsford in northern Michigan. They have always been a close knit family which makes it easy for the brothers to work together on the Oak Island project. Marty’s son, Alex, followed in his dad’s footsteps and is an engineer.
Rick and Marty visited the island to search for the treasure and investigate. They began a tour company which leads guests through Oak Island’s mysteries, items found, and tours of the entire island including the “Money Pit” and “Borehole 10-X”. The tour includes a small museum, but does not allow guests to see or photograph …
The 140 acre island is located off of Nova Scotia in Canada. Oak Island has been the subject …
A curious inscription on a large rock was found near the owner. It was the letter “G” and is thought to possibly be a free mason symbol. The foundation of the dwelling of the island’s discover, Daniel McGinnis, were discovered. Oddly, nearby was a foundation built with Portuguese stone.
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