Billionaire's purchase of untouched land leaves community buzzing: 'It has been an eyesore'

Billionaire's purchase of untouched land leaves community buzzing: 'It has been an eyesore'

Last year, billionaire Thomas Peterffy purchased a six-acre parcel of untouched mangrove swamp on the island of Palm Beach from the local branch of the Audubon Society — not to destroy and develop it, but to restore and preserve it, The Palm Beach Post reported. Mangroves, areas where trees grow along shorelines with their tangled roots diving directly into the water, act as vital fish nurseries, and they also store carbon pollution and keep it …