Facebook Founder Mark Zuckerberg Spent $59 Million on Lake Tahoe Property

According to the Wall Street Journal, the Facebook founder dropped a whopping $59 million for two lakefront estates.

Get the Zuckerberg look. Drew Angerer / Getty Images

(BROKERAZZI) — Silicon Valley Facebook CEO Mark Zuckerberg secretly purchased two adjacent waterfront properties on Lake Tahoe. According to the Wall Street Journal, the Facebook founder dropped a whopping $59 million for two lakefront estates. The purchase happened privately using a limited-liability company.

Lake Tahoe, known for its beaches and vast ski resorts, is a popular vacation destination for many in Northern California. Zuckerberg has a net worth of $71.5 billion, making him the 8th wealthiest person in the world, according to Forbes.

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