Facebook founder and CEO Mark
Zuckerberg bought four homes for $30
million, one of which sold for $14 million,
near his own $7 million estate in Palo
Alto, Calif. To create his own mega-
compound.
The buying spree may have been sparked
when Zuckerberg learned of a
developer’s plan to buy a property next
to him, an unnamed source tells The San
Jose Mercury News.“The developer was
going to build a huge house and market
the property as being next door to Mark
Zuckerberg,”.
the source says, according to the Mercury
News. Zuckerberg can afford to shell out
millions for privacy and space near the
Facebook headquarters in nearby Menlo
Park. The 29-year-old is worth an
estimated $19 billion, Forbes says. He
bought the home where he currently lives
in 2011. That home has a pool, a
“croquet lawn,” and is about three miles
from Facebook’s headquarters. The
Harvard drop-out began his home-buying
sideline by first snagging the home
directly behind his in December, the
Mercury News reports. Public records
show that the 3,240-sq.-ft. home on 0.4
acres was purchased for $4.8 million on
Christmas eve last year.“Located in one of
the most desirable areas of the Crescent
Park neighborhood, this Estate sized
property offers the opportunity to move
in, remodel, or to build your dream
home,” the home’s listing states.
Last month, Zuckerberg bought three
more homes surrounding his existing
five-bedroom house, the Mercury News
reports. The homes were purchased by
an entity associated with Iconiq Capital, a
firm that handles Zuckerberg’s financial
matters.
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