Zuckerberg has 5.95 million dollars in California mortgage loans

Sina Science and technology news Beijing time of July 16 night, according to the public record of the property, Facebook founder Mark Zuckerberg Zuckerberg his California property as a mortgage, loans 5.95 million of dollars.　　The loan term is 30 and the floating rate starts at 1.05%. Greg McBride, senior financial analyst Gregg Macbled Bankrate Inc., the interest rate data tracker, said almost all of America's lending rates were at record lows this year.　　For those with high net worth, the cost of borrowing would be lower if they were willing to take the risk of a monthly adjustment of interest rates. "If the interest on borrowing is lower than inflation, it is equivalent to free borrowing," McBride said. This is equivalent to borrowing other people's money, but retain their financial flexibility. "A new meaning of the word" 1% "has been given to Mr Zuckerberg, insiders say. The so-called "1%" was the concept put forward by last year's popular Occupy Wall Street movement, which aims to counter the growing income imbalances.　　Joseph E. Stiglitz, the Nobel laureate in economics, said that 1% of the wealthiest Americans accounted for one-fifth of America's total income and more than One-third of the Joseph. Data show that 28-Year-old Zuckerberg is the world's 40th richest man, net worth of 15.7 billion U.S. dollars.　　Official documents show that Zuckerberg bought the mansion at a price of 7 million dollars last March. Zuckerberg's three neighbors said in a telephone interview that Zuckerberg has been living here recently. "We do not comment on the personal financial problems of executives," said Larry Yu, a Facebook spokesman, in an e-mail. "(Li Ming)