Table Of Content
- This billionaire’s Nantucket home has been destroyed by erosion
- The following year, Zuckerberg began buying four homes surrounding his Palo Alto residence.
- Johnny Depp eyes $4M historic estate in Italy —as worried officials vow to ‘protect the castle’ at all costs
- It's a two-minute drive from the compound that Facebook founder and CEO Mark Zuckerberg acquired early last year.
- The dining room can seat up to 10 people.
More than 20 cameras are included on plans for one smaller ranch operations building alone. Many of the compound’s doors are planned to be keypad-operated or soundproofed. Others, like those in the library, are described as “blind doors,” made to imitate the design of the surrounding walls. The door in the underground shelter will be constructed out of metal and filled in with concrete—a style common in bunkers and bomb shelters. According to plans viewed by WIRED and a source familiar with the development, the partially completed compound consists of more than a dozen buildings with at least 30 bedrooms and 30 bathrooms in total.
This billionaire’s Nantucket home has been destroyed by erosion
The 37-year-old Facebook founder plans to work remotely for up to half of 2022, the Wall Street Journal reported last week — and his $320 million real estate portfolio is more than able to accommodate his work-from-home lifestyle. According to Architectural Digest,after the Dolores Park house sale, the Meta founder will have nine homes throughout California, including in Palo Alto and Lake Tahoe—as well as several properties on Kauai, Hawaii. In the spring of 2019, Zuckerberg spent more than $59 million on two adjacent Lake Tahoe properties that together span 9.5 acres and 600 feet of private waterfront. In Lake Tahoe, a wealthy enclave in California's Sierra Nevada Mountains, a waterfront estate with 175 feet of private beach has hit the market for $44 million, Katherine Clarke reported for The Wall Street Journal. The outdoor spaces are marvels in themselves, uplifting the widely known sunny Californian lifestyle of the west coast. Equipped with a soothing garden saltwater pool, the backyard also projects a tasteful, natural rusticity with its waterfall crested pond.
The following year, Zuckerberg began buying four homes surrounding his Palo Alto residence.
Secretary of State George Shultz for a combined $29 million last week, The Real Deal reported on July 19. The Lake Tahoe estate also comes with a home movie theater with two rows of seating, as well as well as a lakefront patio patio with a built-in barbecue, hot tub, and two gas fire pits. During the pandemic, the real estate market in Lake Tahoe has kicked into a frenzy, as Business Insider's Natasha Solo-Lyons recently reported. Affluent Angelenos and San Franciscans have been getting into bidding wars and making offers well over asking, a local real-estate agent told Solo-Lyons.
Johnny Depp eyes $4M historic estate in Italy —as worried officials vow to ‘protect the castle’ at all costs
The 1,200 acres include about 750 acres he reportedly paid $100 million in 2014 for. The tax records of the two properties — known as Carousel Estate and Brushwood Estate — display the same address as tax records of other properties linked to Zuckerberg, according to documents viewed by BI. It's no surprise that a tech titan has more than one property in Silicon Valley.
Zuckerberg owns a residential compound in Palo Alto.
Almost a decade after his first land purchase here, it’s unclear whether the local community on Kauai will ever fully accept their billionaire neighbor. “Zuckerberg’s presence may increase charity, but will not address the root causes of why we need this type of philanthropic charity in the first place,” says Nikki Cristobal, executive director of local Hawaiian education and arts nonprofit Kamawaelualani. Many locals believe Zuckerberg’s legal maneuverings are another example of outsiders moving to Hawaii and taking advantage of people already living there. Zuckerberg faced a barrage of negative press around the time of the auctions, and a June 2020 petition citing the kuleana lawsuits and calling to “stop Mark Zuckerberg from colonizing Kauai,” received more than a million signatures. “We think after being outbid by a retired college professor spending $2,145,000, it is now clear that something very wrong is going on,” Wayne Rapozo, a descendant who represented a coalition of other relatives at auction, said at the time. Hoffine Barr did not respond to questions about whether Zuckerberg had financially backed Andrade.
Reportedly, there was also a $65,000 bathroom and kitchen remodel and the addition of a greenhouse on the premises. Not much else is known about the property, except that it presently measures 7,368 square feet. When the suits became public in January 2017, they triggered an intense backlash, and Zuckerberg backed off. Although Zuckerberg’s company, Northshore Kalo LLC, removed its name from the lawsuit, and was instead listed as a defendant, it continued buying up descendants’ shares. According to real estate records reviewed by The Guardian, Northshore Kalo LLC paid out more than $450,000 in 71 transactions between 2016 and 2018, increasing its stake in the parcels from 24.1 percent to 43.9 percent.
According to Clarke, Zuckerberg purchased the properties through a limited-liability company and a high-end wealth manager to keep the deals private. Real-estate agents signed nondisclosure agreements and removed photos of the properties from their websites. In March, the couple spent $53 million to add 600 more acres to their portfolio. Zuckerberg has recently been spotted hitting the waves, hurling spears and donning copious amounts of sunscreen on the islands, in addition to their contributions to the Chan Zuckerberg Kaua‘i Community Fund of Hawai‘i Community Foundation. The renovations solicited six complaints from neighbors, including noise, dust, parking, littering, construction debris and alleged permit violation complaints, which were dismissed or mediated by inspectors and city staff, according to records. It is unknown how many bedrooms and bathrooms the house has, but it has 23 total rooms on four floors on a 0.22-acre lot, according to San Francisco property records.
One local architect unaffiliated with the Zuckerberg project jokes that it reminds him of medieval rulers who, according to legend, killed the architects of their most ambitious projects so the secrets of their designs would die with them. The project is so huge that a not-insignificant share of the island is bound by the NDA. Mark Zuckerberg, CEO of Meta, who bought the land in a series of deals beginning in August 2014. Off the two-lane highway that winds along the northeast side of the Hawaiian island of Kauai, on a quiet stretch of ranchland between the tourist hubs of Kapaa and Hanalei, an enormous, secret construction project is underway. Outside, it boasts 200 feet of private waterfront, with a "marina style" pier that can accommodate yachts over 50 feet long and an outdoor patio to overlook the lake, Bastone wrote.
The Craziest Features of Mark Zuckerberg's Secret Hawaii Compound - New York Magazine
The Craziest Features of Mark Zuckerberg's Secret Hawaii Compound.
Posted: Thu, 14 Dec 2023 08:00:00 GMT [source]
The Crescent Park house comes with a saltwater pool, glassed-in sun room, five bedrooms, and five bathrooms. In year two of the pandemic, Zuckerberg and Chan decided to deepen their holdings in Hawaii, spending $53 million for 600 more acres on Kauai. The lot was previously owned by the Waioli Corporation, a local organization that works in conservation efforts, and the couple has been outspoken about their hopes to prioritize preservation efforts with their ever-expansive estate. Their most recent purchase brings their total acres owned in Hawaii up to a reported 1,300. But unlike the homes of most billionaires, the Palo Alto-based home of Mark Zuckerberg, is quite modest. At 5,322 square feet, the Brushwood Estate features six bedrooms, five baths, and two half baths, according to SF Gate.
Some of the more recent arrivals come from the US mainland and other Pacific islands. When plantation owners moved their operations overseas in search of cheaper labor, the island’s sugarcane economy was replaced by tourism. Workers on the Zuckerberg site are part of a growing construction industry focused on luxury home builds for mainlanders looking to move to paradise.
It is centered around two mansions with a total floor area comparable to a professional football field (57,000 square feet), which contain multiple elevators, offices, conference rooms, and an industrial-sized kitchen. He paid $50.8 million for the lots lined with redwood, magnolia and Ginko trees on large front yards. Combined, the homes span almost 20,000 square feet with 15 bedrooms and more than 16 bathrooms, according to property records. The renovations included the addition of a first-floor office, a media room, a laundry room, a wine room and a wet bar, according to SFGate. The now 7,368-square-foot property also reportedly had a $65,000 bathroom and kitchen remake and a greenhouse added to the garden.
The scale of the project suggests that it will be more than a personal vacation home — Zuckerberg has already hosted two corporate events at the compound. Nobody working on this project is allowed to talk about what they’re building. Almost anyone who passes compound security—from carpenters to electricians to painters to security guards—is bound by a strict nondisclosure agreement, according to several workers involved in the project. Multiple workers claim they saw or heard about colleagues removed from the project for posting about it on social media. Different construction crews within the site are assigned to separate projects and workers are forbidden from speaking with other crews about their work, sources say.
It comes up for sale as wealthy Californians are flocking to Lake Tahoe during the pandemic in search of more space. One of the area's top real-estate agents told Business Insider's Natasha Solo-Lyons that Angelenos and San Franciscans are making over-ask offers and getting into bidding wars for homes surrounding the lake. According to sources and planning documents reviewed by WIRED, the compound will be self-sufficient, with its own water tank, 55 feet in diameter and 18 feet tall—along with a pump system. A variety of food is already produced across its 1,400 acres through ranching and agriculture. Brandi Hoffine Barr, spokesperson for Mark Zuckerberg and Priscilla Chan, declined to comment on the size or bunker-like qualities of the project. The plans show that the two central mansions will be joined by a tunnel that branches off into a 5,000-square-foot underground shelter, featuring living space, a mechanical room, and an escape hatch that can be accessed via a ladder.
In the recording, Medeiros’ children express frustration that in the days after their father’s heart attack they weren’t provided any details about what happened. Barriga says that he wanted to talk with the family but was blocked from doing so. “I was told to just wait, you know, all the supervisors want to talk to each other,” he says. Another contracted worker, a longtime roommate and close friend of Medeiros, said in a court deposition that he had also felt reluctant to discuss the incident because of his NDA.
In 2014, they snapped up 707 acres on the island of Kauai for around $116 million, Architectural Design reported. Three years later, the couple bought another 89 acres on the island for $45 million. Zuckerberg began what has now been a years-long love affair with Hawaii in 2014, when he snapped up 707 acres on the island of Kauai for about $116 million. According to the paper, Zuckerberg’s first Hawaii purchase included plans for a 6,100-square-foot main house with a 16-car garage and a structure that would serve as security headquarters for his $23 million security team. In late 2012, the Facebook founder spent $10 million on a pied-à-terre town house in the Dolores Heights neighborhood of San Francisco, reportedly shelling out an additional $1.8 million to renovate the brick and stucco home. SF Gate reported that renovations included the addition of a first-floor office, a media room, a laundry room, a wine room, and a wet bar.
