Meta chief executive paid roughly €20m for gothic-style mansion built in 1830 and its surroundings
It stretches the definition of pied-à-terre but Mark Zuckerberg now has a pad in Ireland: Strancally castle.
The Meta chief executive and his wife, Priscilla Chan, have bought the gothic-style mansion and its 178-hectare (440-acre) estate in county Waterford to use as a base during visits to Ireland.
“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,” a spokesperson said on Thursday.
The price paid in the off-market deal is not known but the Irish Times, which first reported the sale, estimated a value between €20m (£17m) and €30m: approximately 10% of the cost of his 387ft superyacht.
I touched on this more in my other comment, Ireland has too many disadvantages to prosper. Mainland Europe has cheaper labour, doesn’t got to cross the Irish sea then the English channel to get goods in and with tax rates this high? Not much left on the table.
I do feel like there’s no “out” in this.