Industry NewsMarkets & Economy

Facebook founder ‘likes’ homeownership?

Unconfirmed reports point to $7M purchase
Published on May 5, 2011

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Facebook founder and CEO Mark Zuckerberg is reportedly a homeowner.

The 26-year-old multibillionaire has reportedly purchased a five-bedroom house in Palo Alto, Calif., just 10 minutes from Facebook's new 22-acre corporate campus in neighboring Menlo Park, according to the San Jose Mercury News.

"Everything on that transaction (is) pretty hush-hush. He didn't even buy it is in his name," Dawn Thomas, broker associate with Intero Real Estate Services in Los Altos, Calif., told Inman News. Intero Real Estate did not handle the transaction, Thomas said.

She noted that, though Zuckerberg didn't use the same agent, Zuckerberg's parents were recently in the market and purchased a home through Keller Williams Realty in Palo Alto -- the same brokerage t