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.

  • Brem@lemmy.world
    link
    fedilink
    English
    arrow-up
    70
    ·
    19 days ago

    Fun fact: Cromwell died from a mosquito bite during one of his campaigns in Ireland.

    Dear Mosquitos, you know what to do.

        • boonhet@sopuli.xyz
          link
          fedilink
          English
          arrow-up
          2
          ·
          19 days ago

          Well it’s not the same as like keeping your residence in Monaco by being there just over 180 days a year to pay 0% income tax or something, Ireland still has tax. They just have lower tax because that gets them more tax income as it’s beneficial to have your EU or even international HQ in Ireland.

          Tax optimization is a better term, because tax avoidance or dodging usually implies doing something illegal whereas Meta quite literally does have a physical HQ in Ireland.

          Also in Ireland they have to pay every year they make profit as far as I know, whereas in Estonia for example they’d only have to pay tax on dividends and salaries, not profits. Meta pays a really tiny dividend so they’d essentially go untaxed on corporate income. Catch is, if they eventually DO want to pay a large dividend, they’d be paying the 22/78 income tax here (it’s called 22%, but since it’s 22% of the gross, but calculated on the net, it’s actually 28% or something, I don’t wanna math right now).

          Point being, they’re actually still paying a lot more tax than they could legally be paying, while still staying in the EU.

  • damnthefilibuster@lemmy.world
    link
    fedilink
    English
    arrow-up
    30
    ·
    19 days ago

    I sincerely wish Mark the best of luck for his new home. I hope he spends ten, nay, hundred times as much as he paid for it, on renovating the place and making it fit for him. I hope he truly spends every dime to make this place fit for a modern king.

    And then I hope he doesn’t get to live in it for a single day.

    • 3abas@lemmy.world
      link
      fedilink
      English
      arrow-up
      11
      ·
      19 days ago

      I hope he escapes to it when the revolution kicks off, only to find the revolution is in Ireland too, and be gets hung at the doorstep.

      Ahh, who am I kidding. Ireland might do it, but he’d never escape there because Americans will never revolt, they’ll just elect a bunch of people who claim to be progressive and end up with the same exact party as before while patting themselves on the back.

  • skisnow@lemmy.ca
    link
    fedilink
    English
    arrow-up
    29
    ·
    19 days ago

    Reminder that $30m is $0.0bn, to the nearest tenth of a billion dollars. Billionaires should not exist.

  • daniskarma@lemmy.dbzer0.com
    link
    fedilink
    English
    arrow-up
    18
    ·
    18 days ago

    And he earned that by… Making everyone life worse. That was his contribution to society. He fucked us all and got a castle in reward.

  • ChunkMcHorkle@lemmy.world
    link
    fedilink
    English
    arrow-up
    11
    ·
    19 days ago

    One notes the absence of a goddamned data center on the property. Good enough for American backyards, not good enough for him.

    May it be a curse to him.

  • lemmylump@lemmy.world
    link
    fedilink
    English
    arrow-up
    9
    ·
    19 days ago

    I hope it’s full of fairies, banshees, and evil Alabama leprechauns.

    May his days there be torture.

  • Lushed_Lungfish@lemmy.ca
    link
    fedilink
    English
    arrow-up
    9
    arrow-down
    1
    ·
    edit-2
    18 days ago

    I thought that the Irish were traditionally not too keen on foreign assholes coming over and taking their stuff?

    • bigmamoth@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      arrow-down
      5
      ·
      19 days ago

      the classical you should accept unlimited imigrant on welfare cause one rich person bought a home in your country. fuck them all

      • Regrettable_incident@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        18 days ago

        You know they were talking about invaders, not immigrants. . ? I mean, you only have to know the tiniest bit of Irish history to see that.

        • bigmamoth@lemmy.world
          link
          fedilink
          English
          arrow-up
          1
          ·
          18 days ago

          not too keen on foreign assholes coming over and taking their stuff

          invaders or immigrants ? didnt they burn an asylum center recently ? for wich reasons ?