Forbes has confirmed: Facebook CEO Mark Zuckerberg has purchased two plots of land at the Hawaiian island Kauai’s North shore for an amount of $100 million. The 30 year old tech billionaire has acquired two plots of land on the island with the goal to create a secluded place of retreat for himself and for his family, Forbes reports.
One of the plots acquired by Zuckerberg is a 393 acre plot of land called Pila’a Beach, with a wonderful white sands beach. The other plot was a plantation adjacent to the beach, formerly a place where sugarcane was cultivated, with a surface of 357 acres, with a 2,500 feet long oceanfront and a working organic farm. The total surface acquired by Mark Zuckerberg exceeds 700 acres. Both properties were discreetly listed – the first one was not even officially listed as for sale, while the other one was on and off the market for a while. Although Mark Zuckerberg has attached a non-disclosure agreement to the two acquisitions, it was a well known secret on the island.
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The Pila’a Beach property consists of five parcels, each of which can be developed into private homes, but according to Forbes’ sources, Zuckerberg only plans to build one home on the property. He will only have one neighbor – Melange International’s CEO, who has previously bought a 10.8% share of the property, and resisted the buy-out attempts of the Facebook billionaire. The Kahu’aina Plantation, the plot of land in the beach’s vicinity, has been approved for up to 80 homes, so the acquisition seems to be an attempt to keep neighbors off Zuckerberg’s back. The territory was inhabited by about a dozen families on small, landlocked plots -they were easily bought out by the Facebook billionaire, who’s net worth is currently evaluated at $32.2 billion.