We're mining with an Antminer L3 (41 LTC - $1759.72)

Yes, this coin is very cheap to mine at the moment. Our maintenance fee is really low, so it's a really profitable coin to mine. Litecoin already hit $50 this year and maybe not this year but next year it will go to the moon, but that's my opinion.

back to your other question "Who owns all those early coins?" I really don't know.
I only know that litecoin was only 3/4 dollars beginning this year and last year. I think a lot of people bought a lot of litecoin when it was cheap back then.

Thanks for the upvote!

Cheers