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Mark Zuckerberg Just Wants a Little Privacy, Buys Up Adjacent Real Estate

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The CEO of Facebook just wants a little privacy. I know, the joke writes itself.

Mark Zuckerberg has made a slightly unusual purchase, four of them to be exact. Mercury News reports that Zuck has just spent more than $30 million snatching up four houses adjacent to his own Palo Alto property – paying more the $14 million for one of them. A local real estate agent called this price “absurdly high.”

So, why would Zuck buy up all the houses around his own property? Is he looking to make Zuck-land, is he trying to build a giant complex?

Apparently not. From Mercury News:

Zuckerberg paid top dollar — more than $30 million in total — for the four residential properties located next door and behind his own home. But he has no plans to build a Taj Mahal on the land, according to a person with knowledge of the transactions, who said Zuckerberg is leasing the existing homes back to the families that live there.

The 29-year-old multibillionaire acted after he learned of a developer’s plan to buy one of the properties next door to the Facebook co-founder, said the source. “The developer was going to build a huge house and market the property as being next door to Mark Zuckerberg.”

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When you think about it, it’s a smart move. It prevents people that would want to move in next to Zuck for the sole purpose of living next to Zuck from annoying him. Don’t act like you wouldn’t consider it if you had the money.

Image via Facebook

Mark Zuckerberg Just Wants a Little Privacy, Buys Up Adjacent Real Estate
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  • tonya

    Little unimportant twit.

  • Really?

    Really? If I was that rich, I would quit and just blend back into society. This guy looks very average. He would not have any problems. It is not like he is Brad Pitt or another famous actor that has done 100 movies.

    Ironically, because of his product, people really don’t get out much anyway. Sure they are “connected” to other people in the world, but they are actually spending more time by themselves.

    It really is ironic. Everything designed to connect us has made us much less connected.

  • http://wavecity-center-noida.blogspot.in/ MUSKAAN SHARMA

    Great article. “Floored” is really awesome. Those floor-plans look INCREDIBLE. How is Urban Compass different from Suitey?What home buyers really need is a good portal to see all nuts and bolts of a building, like Building Violations, like BUILDVIO

    wavecitycenter-noida.co.in

  • http://wavecity-center-noida.blogspot.in/ MUSKAAN SHARMA

    wavecitycenter-noida.co.in

    Great article. “Floored” is really awesome. Those floor-plans look INCREDIBLE. How is Urban Compass different from Suitey?What home buyers really need is a good portal to see all nuts and bolts of a building, like Building Violations, like BUILDVIO

  • http://3cnew-project.blogspot.in/ Urvashi

    This is the reason why technology is continuously developing and improving to be able to cater to the needs of the people with their daily work. Good to know that the project was a success.

  • Pizzaman7

    Now if we could only get a little privacy from Facebook……perhaps we need to buy some adjoining accounts……

  • http://haweliavalenovaparknoida.co.in/ urvashi

    This is the reason why technology is continuously developing and improving to be able to cater to the needs of the people with their daily work.

  • http://lotusgreensexpressway.com/ Alka Kumari

    Louts greens has epitomized this meaning in louts greens expressway – a project that stands for completeness – conveniences, functionality, aesthetics, style, comforts, and great living. Louts greens residential complex is an ode to happy living. Forever and ever. Louts greens- A partly submerged clubhouse, lavish interiors, fail-proof security and high-end amenities are part of standard equipment. Louts greens Sector 22 expressway the stunning facade, the superb space planning, the world class amenities and the extensive landscaping combine to create homes that reflect style. Made absolutely picture-perfect with huge ribbons of vegetation and landscaped greens. The residential complex of louts greens is located at Sector 22 expressway, is an exquisite confluence of elegant design and dreams.

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