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Business

Meta billionaire Mark Zuckerberg has just bought a 196-year-old Gothic castle with 11 bedrooms in Ireland worth up to $35 million

Fortune ·
Meta billionaire Mark Zuckerberg has just bought a 196-year-old Gothic castle with 11 bedrooms in Ireland worth up to $35 million

Wealthy Americans living in luxe California mansions and New York penthouses are now snatching up historic homes abroad.

Mark Zuckerberg , the billionaire CEO of Meta , just added a 196-year-old gothic castle in Ireland to his growing property portfolio.

Zuckerberg and his wife, Priscilla Chan , recently bought the Strancally castle in Waterford, Ireland: a 19th-century, gothic-style mansion overlooking the River Blackwater in the southeast.

The three-story home was built in 1830 and later extensively renovated in 2003, reportedly featuring 11 main bedrooms, a cut-stone Gothic Revival facade, 16,000 square feet of living, and sprawling green lawns across its 440 acres.

While the transaction was not listed on the Irish state property price register, The Irish Times estimates that the billionaire couple’s new home could be worth between €20 million (around $23.3 million) and €30 million (roughly $35 million).

Beyond luxury and historic appeal, there could also be a practical purpose behind Zuckerberg’s purchase.

Meta’s international headquarters are nestled in Dublin, Ireland, about 125 miles from Strancally castle.

The family won’t reside in The Emerald Isle full-time, but the estate will serve as a European home-base for the highly influential family.

The Waterford City and County Council also emphasized the area’s rugged coastlines and picturesque towns when asked about the billionaire’s castle purchase.

“Mark and his family are excited to continue caring for this historic home and look forward to spending time in Ireland, where Meta maintains its international headquarters,” Brian Baker, a spokesperson for Zuckerberg, tells Fortune.

Wealthy Americans are buying up million-dollar mansions in Europe Zuckerberg is just one of many wealthy Americans adding foreign postcodes to their property portfolios.

In 2019, hedge fund billionaire Ken Griffin bought a $122 million Georgian mansion near Buckingham Palace—which, at the time, was London’s most expensive sale in over a decade.

The 16,000 square-foot mansion located at 3 Carlton Gardens boasts a spa and indoor swimming pool, as well as an historic backstory, having previously served as Charles de Gaulle’s wartime headquarters.

Other ultra-rich Americans including George Clooney , Tom Ford, and former Google CEO Eric Schmidt have all added European homes to their portfolios.

Read the full article on Fortune ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on fortune.com — the content belongs to Fortune.

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