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Mark Zuckerberg Just Spent More Than $30 Million Buying 4 Neighboring Houses For Privacy

October 11, 2013 by  

Mark Zuckerberg Just Spent More Than $30 Million Buying 4 Neighboring Houses For Privacy, Facebook’s billionaire founder bought four homes surrounding his current home near Palo Alto, Mercury News reports. The houses cost him more than $30 million, including one 2,600 square-foot home that cost $14 million. (His own home is twice as large at 5,000 square-feet and cost half as much.)

Larry Page made a similar move a few years ago so he could build a massive, 6,000-square-foot mansion. But Zuckerberg’s reason is different. He doesn’t want to live in excess, he just wants a little privacy.

Zuckerberg reportedly took action after he learned that a developer wanted to purchase one of his neighbor’s homes and use the fact that Zuckerberg lived close by as a marketing tactic. He started purchasing the homes last December. Zuckerberg will lease the four homes he just bought back to its current residents.

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