Meta CEO Mark Zuckerberg is reportedly the thriller all-cash purchaser behind the acquisition of a $23 million mansion a brief drive from Donald Trump’s Oval Workplace, in accordance with a brand new report.
Residents of Washington D.C.’s Woodland Normanstone neighborhood have been inquisitive about who bought the 15,000 square-foot mansion, and famous an uptick in exercise on the dwelling on Monday. That is the identical day that flight monitoring software program clocked Zuckerberg’s non-public jet touchdown at Dulles Airport.
Now, Politico Magazine has confirmed through a Meta spokesperson that the client is the truth is, the company’s CEO.
“Mark and Priscilla have bought a house in D.C., which can permit Mark to spend extra time there as Meta continues the work on coverage points associated to American know-how management,” the spokesperson mentioned.
The Meta CEO reportedly paid for the pink brick trendy farmhouse-style home, which is a 12-minute drive from the White Home, in money.
Zuckerberg additionally has houses in Palo Alto, California, Lake Tahoe, and Hawaii, amongst different areas. Meta mentioned in its assertion that Zuckerberg proudly owning a personal house is safer and extra handy for him as he plans to spend extra time within the nation’s capital.
Tom Daley, a Washington, DC actual property professional, informed Politico Journal that he thinks Donald Trump has made it clear he likes face time, and that Zuckerberg has gotten the message.
“It’s the final word bow to the person within the White Home. To me, it’s slightly paying homage to when the Trump Lodge was the Trump Lodge,” he informed the journal. “He notices who’s there. It’s a simple approach to say, ‘Hey, we’re with ya. Right here we’re.’ I’m certain he takes it as the final word praise.”
Zuckerberg is not the primary billionaire CEO to plant a flag within the District.
Washington Submit proprietor and Amazon founder Jeff Bezos owns a $23 million property within the Kalorama neighborhood. He purchased that home in 2016. In 2021, the co-founder of PayPal and conservative money dispenser Peter Thiel purchased his personal mansion in Zuckerberg’s new neighborhood for $13 million.
However there’s been a transparent pattern during the last 12 months of the super-wealthy executives shifting into Washington, D.C.
Former Google CEo Eric Schmidt paid $15 million for a house in Georgetown the place Jacqueline Kennedy as soon as lived, and PayPal co-founder David Sacks — now serving because the White Home’s crypto and AI adviser — purchased a penthouse in northwest DC for $10.3 million in the identical interval.
Throughout the river in Virginia, Jeff Skoll, a former eBay government, spent $17 million to acquire a pair of suburban houses he reportedly hopes to show into his personal compound.
The large cash executives are shifting into the DMV at a time when most of the area’s residents — those that labored federal jobs or for federal contractors — are scrambling to determine the best way to pay hire.
The work of Elon Musk’s Division of Authorities Effectivity has led to tens of hundreds of federal employees and contractors both out of labor or not sure if they are going to have jobs heading into the spring. A lot of these employees reside in or round Washington, D.C.
