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Facebook’s Zuckerberg “Likes” his Privacy, Spends $38M to Keep People Away

© AP Photo / Marcio José Sánchez Facebook Co-Founder Mark Zuckerberg
Facebook Co-Founder Mark Zuckerberg - Sputnik International
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In one corner: Facebook co-founder and billionaire Mark Zuckerberg. In another corner: Zuckerberg neighbor and real estate developer Mircea Voskerician. In the center: the property behind Zuckerberg’s house. And both sides are headed to court over it.

It all started back in November 2012 when Voskerician was set to buy the property in back of Zuckerberg’s house in Palo Alto, California. Voskerician sent Zuckerberg a letter telling him he was planning to tear down the home and build a replacement that would overlook the Zuckerberg home.

Voskerician says he acted as a “good neighbor” and proposed to sell Zuckerberg some of that property so that Zuckerberg could have more privacy, and that turned into an agreement to sell him the whole thing. Voskerician says that in return Zuckerberg promised to introduce him to some Silicon Valley bigwigs, a claim Zuckerberg’s lawyers deny.

© Flickr / AlejandroZuckerberg's Home in Palo Alto, California
Zuckerberg's Home in Palo Alto, California  - Sputnik International
Zuckerberg's Home in Palo Alto, California

In fact, the Zuckerberg camp denies everything, and says Voskerician used “extortive” tactic, and Voskerician sued for breach of contract, fraud and misrepresentation. Unless they reach an agreement, it could go to trial and if Voskerician wins he could get the property back.

Meanwhile, Zuckerberg apparently is making sure he doesn’t have this issue with any other possible neighbors. He bought the other properties surrounding his home for $38 million, even though they were assessed at close to $4 million total.

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