Mark Zuckerberg buys a new mansion

May 6th, 2011 - 7:42 pm ICT by Aishwarya Bhatt  

Palo Alto, May 6 (THAINDIAN NEWS) Facebook founder Mark Zuckerberg has acquired a new mansion at the cost of $7-million. The property is located at Palo Alto and it sits on a 17,000-square-foot property.

26-year-old Zuckerberg is worth almost $7 billion, according to Forbes estimate. The house is 17,000-square-foot and it has 5 bedrooms. There is also a master suite and a large dining room. The property is located at just ten minutes drive from where Facebook plans to locate its new headquarters.

Zuckerberg has been living modestly for some time now. The billionaire drives Acura revealing on his Facebook page that the car is safe. Despite the fact that Forbes rank him in the in the top 40 richest people in the world, Zuckerberg lived in a rented apartment with his girlfriend Priscilla Chan.

According to reports, the name on the property’s document will be kept from the public to protect the privacy of those involved in the deal. LA Times report that Facebook has declined to comment on the report.

Facebook is the most successful social network in the world. The company currently has about 600 million users. The company was recently valued at $50 billion.

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