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Mark Zuckerberg Buys Neighboring Homes

PALO ALTO, Calif. (UPI) — Facebook founder Mark Zuckerberg has purchased the four homes adjacent to his California residence and leased them back to the resident families.

The San Jose Mercury News quoted a source with knowledge of the transactions as saying the 29-year-old multibillionaire purchased the Palo Alto homes and leased them back to the families after learning a developer was planning to purchase one of the homes, replace it with a larger house and market the property as being next door to Zuckerberg.

The source said Zuckerberg paid more than $30 million for the homes.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

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