Billionaire Zuckerberg is Updating his Privacy Settings with a $30 Million Real Estate Purchase
May 26, 2016
Facebook founder and COO Mark Zuckerberg is updating his privacy settings. In a move to prevent prying eyes from peeking into his US$7 million Palo Alto residence, the billionaire has bought up four neighboring homes — at the cost of US$30 million — just so that he can demolish them.
A city planning application filed on Tuesday has revealed he intends to bulldoze the homes he purchased in 2013. The million-dollar homes will be replaced with smaller, lower-profile abodes that might not be so irksome. According to the paperwork, the new homes will take up 20 percent less space than their current footprint, but give the Zuck 100 percent of his privacy.
(Source: NBC News, Wealth X)
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