LIHUE — Realtors on Kauai confirmed Thursday that Facebook CEO Mark Zuckerberg purchased 89 acres of land for $45.3 million in mid-September, but aren’t talking about the details of the deal.
LIHUE — Realtors on Kauai confirmed Thursday that Facebook CEO Mark Zuckerberg purchased 89 acres of land for $45.3 million in mid-September, but aren’t talking about the details of the deal.
While Realtors involved in the sale did confirm the deal, they declined to be named for this article and provided no more details on the interaction.
Pacific Business News reported Wednesday that Zuckerberg added to his already 700-acre estate on Kauai, purchasing 79.8 acres from an entity owned by Gary Stewart for $33.3 million.
Records show Pilaa Land LLC, the Zuckerberg entity buying the property, also bought 12 parcels — a total of 21 acres — within kuleana lands with a total cost of $11.7 million.
Kuleana lands have been a hot topic for Zuckerberg, who launched quiet-title actions against owners of kuleana lands in late 2016. In February 2017, Zuckerberg announced he was dropping the quiet title actions in an op-ed in The Garden Island newspaper.
The 700 acres that Zuckerberg owns in Pilaa, along Kauai’s North Shore coast, were purchased in 2014.
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Jessica Else, staff reporter, can be reached at 245-0452 or jelse@thegardenisland.com.
