Zuckerberg defends lawsuits filed over Hawaii land
Mark Zuckerberg believes there is a misunderstanding about a series of lawsuits he has filed over land he purchased in Hawaii.
Zuckerberg purchased 700 acres of beachfront land on Kauai's North Shore for a reported $100 million in 2014 with the intention of creating a secluded sanctuary for his family. But close to a dozen parcels within his property are owned by local families who have rights to traverse his estate, reports the Honolulu Star Advertiser.
Zuckerberg is now filing "quiet title" lawsuits against a few hundred people who own or once owned the lands, which are often passed down from generation to generation without a will or a deed, the newspaper reported Wednesday. The suits are aimed "at forcing these families to sell their land at a public court auction to the highest bidder," the Star-Advertiser explains.
But that's not accurate, Zuckerberg wrote Thursday in a Facebook post. He said he negotiated the land purchases through their majority owners, but some of these lands may have fractional owners who may not be aware they are entitled to anything.
"To find all these partial owners so we can pay them their fair share, we filed what is called a 'quiet title' action," Zuckerberg wrote. "For most of these folks, they will now receive money for something they never even knew they had. Read Full Content
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