Facebook CEO Mark Zuckerberg Buys 4 Surrounding Calif. Homes



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. 
Last year, Zuckerberg married long-time girlfriend and Harvard classmate
Priscilla Chan, a doctor. The power couple now have plenty of space to
lounge in privacy and, possibly, to raise a family, should they find
time in their busy careers.
 
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. 
For one 2,600-sq.-ft. home, he paid more than $14 million, the Mercury News reports. 
 
That home sold on Oct. 2 for an undisclosed sum, according to public records and Redfin.
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