Facebook’s Mark Zuckerberg is suing Hawaiians because btw he owns land there

Mark Zuckerberg is suing hundreds of people in Hawaii in his effort to create a secluded island.

The billionaire spent $100 million purchasing 700 acres of land in the island of Kauai back in 2014 and is still dealing with the fact that he doesn’t actually have the exclusive rights to all of it.  

Sounds nasty, right?

The lawsuits, filed in Hawaii’s state Circuit Court on Dec. 30, are looking to identify local people’s claims to land within the area he owns — the Honolulu Star-Advertiser reported Wednesday — to force a sale of those properties. 

Zuckerberg is leveraging Hawaii’s “quiet title” law, which allows rightful ownership of land to be decided before a judge. If co-owners do not agree to terms, the land can be auctioned. 

News of the lawsuit came out shortly after reports indicated the CEO added about $5 billion to his fortune in the first two weeks of this year, so you can take a quick guess at who would win in an auction. 

Hawaiian law = not so breezy 

As Hawaii was once a kingdom, laws over land ownership are quite complicated. In 1850, the Hawaiian monarchy allowed private ownership of land, called kuleana land, where parcels could be bought and then would be passed along to future generations. 

Therefore, one acre of land can be part-owned by hundreds of Hawaiians. 

“It is common in Hawaii to have small parcels of land within the boundaries of a larger tract, and for the title to these smaller parcels to have become broken or clouded over time,” Keoni Shultz, partner at Cades Schutte LLP and a lawyer on behalf of Zuckerberg, wrote in a statement emailed to Mashable

“Quiet title actions are the standard and prescribed process to identify all potential co-owners, determine ownership, and ensure that, if there are other co-owners, each receives appropriate value for their ownership share,” the statement continued. 

The process is fair, by Hawaiian law, but it isn’t easy for native owners. If a judge decides on an auction, it’s clear who will win out. 

Source:

http://mashable.com/2017/01/18/mark-zuckerberg-hawaii/#JZwlmD_bsqqx

2 thoughts on “Facebook’s Mark Zuckerberg is suing Hawaiians because btw he owns land there”

  1. hes kind of the worlds ultimate douche, isnt he? i mean when i was a kid, i thought bon jovi was bad– and these days you have street magicians like david blaine, but the zuck really takes the cake.

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