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Thursday 6 June 2019

Zuckerberg's Hawaii estate: battle's latest turn 'devastates' local family

After the Rapozo family blocked their billionaire-backed cousin from buying land, the tables have suddenly turned

The March auction was a rare win for the underdog: a group of Hawaiian relatives were able to block their distant cousin from buying up one of four small parcels of land for sale on the island of Kauai. The outcome was shocking because that distant cousin, the retired professor Carlos Andrade, had the backing of one of the richest men in the world: the Facebook CEO, Mark Zuckerberg, whose 700-acre estate fully surrounds the disputed parcels.

But on Tuesday, the rules of the universe reasserted themselves. At a court hearing to finalize the outcome of the March auction, Andrade was able to reopen the bidding and win the title to all four of the parcels for a total of $2,145,000.

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from The Guardian http://bit.ly/2KvO3RC

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