【《We Chinese in America》Media Editor Tang Zhao, August 7, 2022】Facebook founder Zuckerberg and his wife, Priscilla Chan, sold their San Francisco location for $31 million in the name of the Chan Zuckerberg Initiative, a charitable organization they co-founded, according to real estate information. mansion. (Photo Image Credit: Associated Press)

Facebook founder Mark Zuckerberg's San Francisco mansion, now worth $31 million, tripled more than what he paid for 10 years ago.; the sale of Zuckerberg’s mansion broke local real estate records, both in terms of sale price and resale spread.

According to the real estate magazine "The Real Deal", according to the data released on July 1, the tax assessment cited in the sale and purchase agreement shows that Zuckerberg’s mansion is located in Liberty Hills. The No. 1 mansion sold for the most expensive property so far this year; the previous most expensive real estate was owned by former President Ronald Reagan-era Secretary of State George Shultz, which sold last week for $29 million.

Neither Meta officials nor Zuckerberg have further responded to details about the sale or the house itself, but currently only know that the house covers an area of ​​7,200 square feet and was significantly renovated in 2016; when Zuckerberg overhauled the house, It has caused dissatisfaction with nearby neighbors, saying that Zuckerberg squeezed out nearby parking spaces to install a security system.

California has always been the favorite state of the rich. Forbes said that due to the booming technology industry, San Francisco, Silicon Valley and other places have become high-tech talent gathering places, which has made local land prices soar. Except for Zuckerberg, Silicon Valley billionaire and Indian-born entrepreneur Vinod Khosla also owns real estate there; Scott McNealy, co-founder of Sun Microsystems with Khosla, is also their neighbor. But he bought the house here as an investment, and his property on the San Francisco Peninsula is currently on the market for $54 million.

In addition to the just-sold $31 million home, Zuckerberg reportedly owns a $59 million home on the Nevada side of Lake Tahoe and 1,500 acres on Kauai, Hawaii. He owns more land in Hawaii than the 975 acres owned by the Kauai government; although he has invested millions of dollars in various non-profit organizations on Kauai through the "Zuckerberg Kauai Community Fund", some people believe that no matter how much money they donate, they can't make up for the distress they have caused to local residents by buying a lot of land on Kauai.

(Source: sfchronicle)

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