Mark Zuckerberg paid a lot more than the $100 million earlier reported for two properties in Kuai Hawaii. According to Pacific Business News, official records show that the Facebook founder actually spent more than $200 million for them.
He purchased two adjacent lots, a 350 acre 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 according to a report in Forbes Zuckerberg plans on building just one new huge home there.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
$135.5 million alone was spent on the hundreds of acres of the beachfront estate called the “Kahuaina Plantation.” It 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”.
Kahuaina’s 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.
