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Abstract:Facebook CEO Mark Zuckerberg bought two Lake Tahoe properties, The Wall Street Journal reported. Take a look inside his real estate portfolio.
Facebook CEO Mark Zuckerberg spent more than $59 million on two adjacent Lake Tahoe properties last winter, reported Katherine Clarke of The Wall Street Journal.Zuckerberg has purchased 10 properties across four locations: Palo Alto, San Francisco, Lake Tahoe, and Kauai Island in Hawaii.Zuckerberg tends to buy surrounding properties to ensure privacy.Visit Business Insider's homepage for more stories.Billionaire Mark Zuckerberg recently expanded his real estate portfolio and summer vacation options.The Facebook CEO dropped more than $59 million on two adjacent Lake Tahoe properties last winter, reported Katherine Clarke of The Wall Street Journal. The purchase happened privately through a limited-liability company and high-end wealth manager, according to Clarke.It's just the latest addition to Zuckerberg's collection of properties in the western US — he also owns properties in Palo Alto, San Francisco, and the Hawaiian island of Kauai, making Tahoe his fourth location.Collectively, Zuckerberg has purchased 10 properties, though he has a knack for also buying surrounding properties to ensure his privacy — he bought four homes surrounding his main Palo Alto residence and a stake in a beach adjacent to a plantation he purchased in Kauai.Zuckerberg's also known for getting embroiled in a bit of real estate conflict — there was a dispute over the landlocked parcels on the plantation, and neighbors reportedly weren't pleased with the effects of Zuckerberg's year-plus renovation on his San Francisco townhouse.Take a look at Zuckerberg's real estate portfolio.
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By Elizabeth Culliford and Sheila Dang (Reuters) -Facebook parent Meta Platforms Inc
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