Thursday, August 28, 2025

Even Billionaires Want to be Accepted

The Zuckerbergs bought 11 homes in Palo
Alto to construct their compound.
Where does a billionaire live?

(It's the answer to the old elephant joke riddle "where does an elephant sit"?)

Answer: anywhere he wants.

In Mark Zuckerberg's case he and his wife Priscilla Chan want to live in Palo Alto in the Crescent Park neighborhood, which lies between Highway 101 and Stanford University.
he’s attempted to placate the surrounding community with an assortment of gifts.

Zuckerberg — who’s now worth approximately $257 billion — sent Krispy Kreme donuts, sparkling wine, chocolates and noise-canceling headphones to his neighbors as a form of consolation. Zuckerberg’s press representatives did not confirm to SFGATE which brand of wine and chocolate he gave to neighbors by the time of publication.

Though Zuckerberg’s $110 million project started in 2011, neighbors are reportedly concerned that it’s slated to continue. In total, he reportedly purchased 11 homes, sometimes offering owners up to $14.5 million to vacate their properties along Edgewood Drive and Hamilton Avenue. One of these properties, which operated as a small private school that included his two kids, reportedly violated city law. (In Palo Alto, a school or business cannot function inside of a home if employees do not live there and it creates substantial traffic).

Priscilla Chan and her statue (Artnews)
Overall, Zuckerberg’s luxe compound is anything but modest: it reportedly features a seven-foot-tall statue of his wife, Priscilla Chan, in a silver flowing robe, along with a pickleball court and several guest houses.
At least three Bay Area billionaires--Mark Zuckerberg (Facebook), Sergey Brin (Google), Lauren Powell Jobs (Apple)--have chosen to live in Palo Alto.

Not for them the big house on the hill; within walking distance they can mingle with the normals in downtown Palo Alto and Stanford Shopping Center. Some of the wealthy--think of Warren Buffett--don't want to lose touch with their humble origins. And they can live anywhere they want.

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