Published On: Wed, Oct 15th, 2014

Mark Zuckerberg Spends More than $100 Million on Hawaiian Properties

Mark Zuckerberg hawaii

What was until now only a rumor has been confirmed: Mark Zuckerberg put down more than $100 million to buy A Hawaiian island getaway.

According to a report in Forbes, the world’s youngest billionaire acquired a secluded 700 acre sanctuary on Kuai’s North shore for him and his family. He purchased two adjacent lots, a 350 one on Pila’a Beach and the 357 acre former sugarcane plantation of Kahu’aina. The Pila’a beach site is made up of five separate parcels where multiple homes can be constructed, but Forbes says that Zuckerberg plans on building just one new huge home.

Zuckerberg reportedly paid $66 million for the Kahu’aina Plantation and $49.6 million for the Pila’s Beach property.

The Kahu’aina Plantation comes with 2, 500 feet of beachfront and describes itself as a, “habitat for abundant wildlife.” In Hawaiian, Kahu`aina means “steward of the land”.

Its brochure describes the location as a vast and pristine oceanfront property that offers the rare opportunity to create a stewardship to last for generations.

From the brochure: “Set atop the dramatic cliffs and serene shorelines of Kaua`i, Kahu`aina Plantation embodies everything alluring about the island – soaring coastal expanses, lush and sustainable land, gentle waves, and sandy beaches.”

The plantation will offer its new owners an embarrassment of wealth when it comes to amenities. These include: Running and hiking trails; Scuba diving; Snorkeling; Tidepooling; Kayaking; Fishing; Tennis; Recreation Center/Club House (potential); Organic farming/garden.

Zuckerberg won’t have any trouble commuting to and from Silicon Valley as his new home is just 25 minutes away from an airport that offers daily flights to and from San Jose and San Francisco. But it is a safe bet that he owns his own plane.

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