Hawaii – Zuckerberg is fighting with locals over land

According to Forbes, Facebook CEO Mark Zuckerberg paid around $100 million for his beachfront property on Kauai. (dpa / picture alliance / Uwe Anspach)
Zuckerberg had already filed numerous lawsuits on December 30, the reported Zeitung “Honolulu Star Advertiser” yesterday. Because of Hawaiian real estate laws, many of the lots remained in the hands of local families when Zuckerberg bought the property a little over two years ago.
Facebook CEO Mark Zuckerberg speaks at the China Development Forum 2016 in Beijing, China, March 19, 2016.

Facebook CEO Mark Zuckerberg. (picture alliance / dpa / MAXPPP / VCG)

All owners have the right under local law to cross Zuckerberg’s property at any time to access their property. Zuckerberg wants to prevent that in the future.

Judge must initiate auction

In his lawsuit, he relies on a special Hawaii remedy: He must ask a judge to auction those lots. If he agrees, there will be a forced sale. The highest bidder gets the property.

This procedure option was introduced because many estates have become so small due to their transfer from one generation to the next and the division that is often associated with it, that cultivation is often no longer worthwhile. In addition, many do not even know that they own land.

Zuckerberg now wants to have all rightful owners tracked down. He also announced generous payments. He wrote on Facebook that many of these people are now being paid for something they don’t even know is theirs. But no one is forced to sell.

(kis / tgs)

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