Facebook CEO Mark Zuckerberg "buys chunk of Hawaii for $100M"

Facebook CEO Mark Zuckerberg

PanARMENIAN.Net - Mark Zuckerberg has reportedly paid over $100m on two pieces of land on Hawaii's Kauai North Shore, Digital Spy reveals.

The Facebook CEO's properties are said to total 700 acres, according to Forbes.

His first purchase was the private Pila'a beach, consisting of 383 acres of white sand. It was previously owned by Jim Pfleuger of Pfleuger Properties.

He has also bought the Kahu'aina plantation, a 357-acre former sugarcane plantation. It was purchased from the Falko partners, which belongs to landowner Larry Bowman. This property includes 2,500 ft of oceanfront and a working organic farm.

Both properties have space for 85 homes, but Zuckerberg is thought to be planning to build one house, and use the rest of the land to increase his privacy.

Meanwhile, Microsoft co-founder Bill Gates has bought Jenny Craig's equestrian property in Rancho Santa Fe, California for $18 million, according to the Wall Street Journal.

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