Thursday, September 19, 2013

Facebook Founder and Multi-Billionaire Mark Zuckerberg Has Embarked on a Multi-Million Dollar Renovation

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The Dolores Heights pied-a-terre that Facebook's Mark Zuckerberg and his bride bought a few months back for almost $10 million has turned into a real fixer-upper. According to San Francisco city records, the couple's contractor has taken out five construction permits this year for:

- A $720,000 addition of a first-floor office, media room, half-bathroom, mud room, laundry room, wine room and wet bar. Plus, a new second floor half-bathroom and remodel of the second, third and fourth floors.

- $750,000 in other additions to the lower floors, as well as a new roof and windows and reconfigured landscaping.

- A $65,000 kitchen and bathroom remodel.

- A $60,000 greenhouse.

- And finally, $30,000 to replace an exterior wall and stairway, plus seismic upgrades.

"It's nice to be rich," said one passer-by surveying the scene.

So far, Zuckerberg and his wife, Priscilla Chan, haven't even publicly confirmed they own the 5,542-square-foot, four-bedroom house, and the workers say they haven't actually seen the couple. It was purchased through a holding company run by a lawyer who specializes in forming trusts for high-end clients.

Source: sfgate.com

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