Oprah Expanding Business Empire

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Oprah Winfrey has a successful television program and magazine. Now she is looking to break into the real estate business.

The Maui County Council has given preliminary approval to a bill granting O.W. Ranch LLC a five-year permit to build and operate a 12-bedroom vacation rental in Kula.

Tom Welch, attorney for O.W. Ranch, could not confirm whether or not the host was personally involved in the negotiations.

Gideon Kaufman, an Aspen, Colo.-based legal representative for Winfrey gave a little more insight on the situation: “I’ll let the initials stand for themselves.”

Credit: Yahoo/AP