Mark Zuckerberg has reportedly paid more than $100 million for two adjacent chunks of land in Hawaii.
According to Forbes magazine, the Facebook chief executive bought part of Kauai, the fourth largest of the Hawaiian islands.
The 700 acres on the north shore of the island includes Pila'a Beach - an isolated 393-acre swathe of land with a pristine white sand beach - and the adjacent 357-acre Kahu'aina Plantation, as well as an organic farm reports the Daily Mail.
The Pila'a Beach property consists of five separate parcels, each which could be developed into private homes.
However, according to Forbes, Zuckerberg, 30 plans to build just one home as a private getaway for his family. However, the beach will have to remain open to public as the state has no private stretches of sand.
Zuckerberg, who is worth around $33 billion, is the second Silicon Valley billionaire to buy up part of Hawaii, reports the Telegraph.
When asked about his latest reported acquisition a Facebook spokesman told the magazine: 'We don't comment on rumors and speculation, but thank you for reaching out.'
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