Zuckerberg, 28, is the world’s 40th wealthiest person, with a net worth of $15.7 billion, according to the Bloomberg Billionaires Index. His company went public in a $16 billion initial public offering in May. The shares were down 19 percent since trading began as of July 13.
Facebook spokesman Larry Yu declined to comment on Zuckerberg’s mortgage.
“We’re not going to get into the personal finances of executives,” he said in an e-mail.
The Palo Alto house cost $7 million in March of last year, purchased in the name of a limited liability company, according to a deed filed with the Santa Clara County Clerk-Recorder.
Zuckerberg’s address was published by Palo Alto Online and Burbed.com, a Silicon Valley real estate blog. Three neighbors reached by phone at their homes said Zuckerberg lives at the address. They asked that their names not be used because of concerns for their privacy.
Let me take a moment to thank Madhaus for the enormous effort it takes to post all these stories. Without Madhaus, this site would not have been featured on Bloomberg.com yesterday.
I’d also like to take a moment to thank the readers and commenters on Burbed, for making it such a vibrant and interesting community.
Finally, I’d like to thank Mark Zuckerberg for helping the Bay Area take another step in reaching its goals of becoming the best place in the world to live.
Thank you everyone!