Business

Mark Zuckerberg buys 600 acres in Hawaii for $53 Million

Mark Zuckerberg has bought 600 acres on Kauai from a non-profit for $53 million, nearly doubling his land holding in Hawaii. Facebook’s Mark Zuckerberg has an extensive portfolio.

He owns a $7 million home in Palo Alto, California, a $59 million Lake Tahoe compound, and recently the tech mogul has had his eyes set on Hawaii. According to a March deal that has just been made public, Zuckerberg and his wife, Priscilla Chan, closed on 600 acres of land on the Hawaiian island of Kauai for $53 million.

The land, located in the northeastern part of the area, had been owned by the Waioli Corporation, a local organization centered on conservation. This isn’t the first time Zuckerberg has purchased property on the islands: In 2014, the duo reportedly acquired 700 acres of land for over $100 million, which has been in dispute, as parts of it were known to be granted to native Hawaiian families in the mid-1800s.

Let’s take at when he sued Native Hawaiians to force them to sell their land, to secure his previous 700-acre property.

Sabrijo Mpele.

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