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Do the Lagina Brothers Own Oak Island?

There are many unsolved mysteries when it comes to Oak Island, which includes whose it is. In the past, the island used to belong to several treasure hunters and fortune seekers but 14 years ago it went on the market. Ever since then the brothers, Marty and Rick Lagina, could always be found near the island because they were hunting treasure for the History Channel’s hit series, The Curse of Oak Island. Do the brothers really own the mysterious island? Let’s learn together.

Do the brothers own Oak Island?

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Rick and Marty Lagina don’t really own the whole island. Instead of that, they managed to sign a business partnership with Dan Blankenship(one of the original private owners of the island, even before 2005), Craig Tester and Alan K. Kostrzewa under the Oak Island Tours Incorporated. It is thought that the business owns around 78% of the island.

Apart from its ownership the business also gives select tours of the island, fans and history lovers can both get to explore parts of the island even do some treasure hunting.

The rest of the island, the 22%, is owned by some other private owners, sometimes you can hear Mary, Rick and the cast of the show mention them.