Question: The Xanadu Beach Resort & Marina, also known as the Xanadu Princess Resort & Marina, is a resort and marina on the island of Grand Bahama in the Bahamas, built in 1968, the resort was purchased by who, which was an American businessman, investor, pilot, film director, and philanthropist, known during his lifetime as one of the most financially successful individuals in the world?
Sentence (from "Xanadu Beach Resort &amp; Marina"): Built in 1968, the resort was purchased by Howard Hughes in 1972 and was for several years the most celebrated resort in the Caribbean and served as a hideaway for the Hollywood jet set of the era.
Relevant evidence: Yes