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Meta CEO Mark Zuckerberg and his wife, Priscilla Chan, are reportedly expanding their real estate portfolio with a significant purchase on a private island near Miami. The couple is said to be acquiring a new villa on Indian Creek Island, an area renowned for being a haven for the world's wealthiest individuals.

Exclusive Island Living

Indian Creek Island, often dubbed a "billionaire bunker," is a highly exclusive enclave with a reputation for its low tax rates, making it an attractive location for ultra-high-net-worth individuals. The reported size of the new villa is approximately 8,000 square feet.

Significant Investment

Previous reports from The Wall Street Journal indicated that Zuckerberg's acquisition in this sought-after area was valued at around $150 million to $200 million. The island is home to a number of prominent billionaires, underscoring its status as a prime location for the global elite.

Existing Property Portfolio

This latest acquisition adds to Zuckerberg's already substantial collection of luxury properties. He also owns high-end residences in Palo Alto, California, as well as significant real estate holdings on Kauai Island in Hawaii and near Lake Tahoe.

This is according to information reported by Infohub.kz.