Facebook’s Mark Zuckerberg buys 600 acres of land in Hawaii

Facebook’s tech billionaire CEO Mark Zuckerberg is now the owner of 600 acres of land in Hawaii that he reportedly has purchased for $53 million (over â‚ 391 crores). Including the new purchase, Zuckerberg now owns more than 1300 acres of land in Hawaii.

As per public records the deal was cracked over the last two months. Mark Zuckerberg and Priscilla Chan purchased close to 600 acres of land on the Hawaiian island of Kauai for $53 million.

The couple purchased the land in three separate transactions. The acreage is located in the northeastern part of the Garden Island and was owned by a local conservation organization, the Waioli Corp.

The couple has been developing a ranch on some of the land they already own. They intend to be “mindful” of the conservation efforts of the Waioli Corp, according to a statement about the sale.

“Waioli does essential work promoting conservation and cultural preservation. We are mindful of their legacy with regard to this land,” Ms. Chan and Mr. Zuckerberg said in a joint statement to the media.

“We have been working closely with a number of community partners to promote conservation, produce sustainable agriculture . Our aim is also to protect native wildlife at our ranch and in the surrounding areas. ”

Hawaii is unquestionably one of the most gorgeous states in the world. Mark Zuckerberg, who was already holding a part of land in Hawaii has bought more land in the island state worth ₹391 crores.. Kauai is the second-oldest of the main Hawaiian Islands and is nicknamed ‘the Garden Isle’. Covered by tropical rain forests and ringed by rolling cliffs, the island aptly fits into the definition of a ‘slice of heaven’.

As per The Mansionglobal.com Ms. Chan and Mr. Zuckerberg—whose net worth is $117 billion, according to Forbes—acquired about 700 acres of land in the region in 2014 for more than $100 million, The Wall Street Journal reported in 2019.

 Parts of their estate have been embroiled in a feud involving the rights over Kuleana lands, which were granted to native Hawaiian families in the mid-1800s and have been passed down.

Zuckerberg  began assembling their fiefdom in 2014 with the 357-acre Kahuaina Plantation. So-called “kuleana land” is ancestral to native Hawaiians.

Hawaiʻi is a  US state in the western United States, in the Pacific Ocean, about 2,000 miles (3,200 km) from the U.S. mainland. It is the only state outside North America, the only state comprised entirely of islands, and the only state in the tropics.