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.

        • boonhet@sopuli.xyz
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          18 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.

    • Avicenna@programming.dev
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      18 days ago

      Don’t give them so much credit, might turn out to be a very stupid idea like maybe he imagines they can survive in a castle out in the wilderness during an apocalypse.

  • Brem@lemmy.world
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    18 days ago

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

    Dear Mosquitos, you know what to do.

  • lemmylump@lemmy.world
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    18 days ago

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

    May his days there be torture.

    • frongt@lemmy.zip
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      18 days ago

      They will absolutely not do that. Ireland has been enjoying being a corporate tax haven for many years now.

  • oce 🐆@jlai.lu
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    18 days ago

    He’s going to build some evil rocket based machine under one of those towers. Once it reaches orbit, it would steal everyone’s, except his, personal information at once, to accomplish his super vilain dream of the complete destruction of privacy.
    Our only hope is a nerd/pirate/trans/furry/tankie elite commando from the Fediverse to arrive at the last minute and make his evil scheme fail, with some fireworks at the end.
    Candidatures are open, please bring attack plans suggestions.

  • damnthefilibuster@lemmy.world
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    18 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
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      18 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.

      • bassad@jlai.lu
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        18 days ago

        Plus he already has a bunker in his island in Hawaii, this Ireland castle is really only for holidays

    • TheMinister@sh.itjust.works
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      17 days ago

      Well, to be fair they make pillaging and plundering them much more apropros. I’d feel like a dweeb plundering in the suburbs.

      • Enkrod@feddit.org
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        17 days ago

        Honestly I’m a little bit impressed, when I imagined the castles of our technofeudalist overlords, I was thinking of some high-tech penthouses high in the skies or enormous yachts in international waters. I never imagined they might actually pick up exactly where the last feudal system left off.