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- Mark Zuckerberg has heard massive pieces of real estate for years.
- The technological billionaire bought hundreds of acres of Hawaiian land.
- He would also have recently bought a property in Washington, DC.
Mark Zuckerberg is one of the richest people in the world, and its real estate portfolio of several million dollars reflects it.
The man responsible for Facebook is worth around 180 billion dollars, reported Forbes, and part of this fortune includes assets such as a complex of sprawling California and lush land acres on a Hawaiian island.
Zuckerberg real estate transactions are often wrapped in confidentiality, including the use of limited liability companies and addresses related to the Iconiq Capital investment management company.
Its most recent purchase seems to be a mansion of $ 23 million in the Massachusetts Avenue Heights district in Washington, DC. A Meta spokesperson confirmed that Zuckerberg had recently bought a house in the region, which would have closed in March by Politico.
“Mark and Priscilla bought a house in DC, which will allow Mark to spend more time while Meta continues work on political issues related to American technological leadership,” a spokesperson for Politico said.
Over the years, he has bought and sold houses across the country. He would also have built a few – a Hawaiian Ranch Doomsday who had a lot to scratch his head, for example.
Zuckerberg’s real estate portfolio has an evaluated value of approximately $ 200 million, according to business initiates based on real estate assessments.
However, the evaluated value of properties can be lower than purchase prices (or current market value), so that Zuckerberg assets are probably much more.
Zuckerberg representatives did not immediately respond to the BI BI comments.
Here is what we know about his real estate.
Zuckerberg has a residential compound in Palo Alto.
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It is not surprising that a technological titan has more than one property in Silicon Valley. The meta-PDG has five houses in the Crescent Park district of Palo Alto.
He gave viewers a rare overview of one of them in 2016; The house is even deceived with an “artificially intelligent tailor -made assistant”, according to CNBC. The house is just a 10 -minute drive from HQ Meta to Menlo Park.
He bought the first Crescent Park property in May 2011 for $ 7 million.
Agency Tayfun Coskun / Anadolu via Getty Images
Architectural digestion described it as a “no residence without frills” which chooses the function rather than extravagance. Zuckerberg then spent more than $ 43 million on the four houses surrounding his home residence at Crescent Park, Wall Street Journal reported.
He sold his townhouse in San Francisco in 2022 for $ 31 million.
Agency Tayfun Coskun / Anadolu via Getty Images
The four -bedroom house with four bathrooms is located near the Dolore park in San Francisco. He and his wife, Priscilla Chan, would have spent $ 10 million to buy the townhouse in 2010.
At the time of sale in 2022, it was the largest residential real estate agreement in the city.
He bought two adjacent areas on the bank of Lake Tahoe around 2019.
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Lake Tahoe is a popular vacation destination for the rich Californians in summer and winter, and Zuckerberg and his family are no exception.
The tax files of the two properties – known as Carousel and Brushwood succession – display the same address as the tax files of other properties linked to Zuckerberg, according to the documents referred to by Bi.
Zuckerberg would have paid $ 59 million for both properties.
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At 5,322 square feet, The brushwood domain Includes six bedrooms, five bathrooms and two half-skins, According to SF Gate. Inside there are high beam ceilings and image windows; Outside there are lush trees, a private platform and a whirlpool. There is also a 2,293 square feet guest house.
The META Exec has more than 1,200 acres of land in Hawaii.
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It is not exactly known how many Acres of Zuckerberg land currently have on Kauai, but it started buying an island region in 2014.
Bi has found at least 1,200 acres between 17 plots of land which have the same tax address as the other properties mentioned above, but belong to LLC, in particular Kahu’aina Holdings LLC and Pila’a International LLC.
The 1,200 acres include around 750 acres for which he would have paid $ 100 million in 2014. This encompasses a land range of more than 350 acres on Pila’a beach.
His plans for Koolau Ranch seem to be in preparation for the worst case.
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Another part of Zuckerberg Hawaii Holdings is the nearly 600 acres of land on the north shore of Kauai which would have cost him about $ 53 million in 2021.
On one of his Hawaiian packages, Zuckerberg is building a huge compound that would include an underground bunker of 5,000 square feet with an evacuation hatch. He was nicknamed Koolau Ranch, and Wired reported that the purchase of the land and the creation of the compound cost the executive about 270 million dollars.
businessinsider