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Meta CEO Mark Zuckerberg’s Rs 2240 Crore Hawaiian Hideaway Worth Noting

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Curated by, business desk

Last updated: 23 January 2024, 12:51 IST

Meta Platform Inc. CEO Mark Zuckerberg is said to be building a massive estate called Koolau Ranch in Kauai, Hawaii. The complex will combine luxury and survivalist elements, including a 5,000-square-foot underground bunker equipped with independent energy and food sources. The bunker’s design includes a metal door filled with concrete, a common feature in shelters and bunkers. Costing an estimated $100 million to build, in addition to the $170 million spent on land acquisition, Mark Zuckerberg’s Koolau Ranch project exemplifies the growing trend among Silicon Valley’s elite to combine preparation and luxury. According to Wired report, the total investment is around $270 million (Rs 2240 crore). The project is shrouded in secrecy, with strict non-disclosure agreements for workers, who face surveillance from multiple cameras and military-style security measures, including alleged firing for social media posts about their participation. also includes.

Mark Zuckerberg’s land acquisition for Koolau Ranch has raised concerns and speculation. Initially, he hid the purchases using shell companies and brokers. These entities are now embroiled in a number of lawsuits accused of pressuring local people with ancestral land rights to sell or engage in a bidding war against one of the wealthiest individuals globally.

The expansive 1,400-acre Koolau Ranch isn’t just centered around the bunker. It is designed to contain more than 30 bedrooms and bathrooms, with two mansions connected to the bunker via a tunnel. Additionally, about a dozen tree houses connected by rope bridges aim to provide a wonderful treetop experience for guests. The complex will also include facilities such as a fitness centre, guest house and various operational buildings.

The county where Koolau Ranch is located offers tax incentives for the construction of hurricane-resistant safe rooms, potentially influencing the construction of stronger bunkers. Despite extensive development, representatives of Mark Zuckerberg and Priscilla Chan underscore their dedication to preserving the natural beauty of the farm. They highlight that development occupies less than 1% of the land, most of which is allocated for farming, animal husbandry, conservation and wildlife protection.

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Justin, a prolific blog writer and tech aficionado, holds a Bachelor's degree in Computer Science. Armed with a deep understanding of the digital realm, Justin's journey unfolds through the lens of technology and creative expression.With a B.Tech in Computer Science, Justin navigates the ever-evolving landscape of coding languages and emerging technologies. His blogs seamlessly blend the technical intricacies of the digital world with a touch of creativity, offering readers a unique and insightful perspective.