"Meta Platforms Inc. founder Mark Zuckerberg is planning to buy a property in the Miami area, according to a person familiar with the matter, joining a roster of ultra-wealthy individuals expanding their footprints in South Florida. Zuckerberg and his wife, Priscilla Chan, are looking at purchasing a property on Indian Creek, a man-made island in Biscayne Bay known as Billionaires Bunker, the person said. Residents of the ultra-secure enclave include Jared Kushner and Ivanka Trump, Jeff Bezos, Carl Icahn and Tom Brady."
"It was unclear whether Zuckerberg's plans to purchase in Florida would represent a change in residence or an addition to his real estate portfolio. The potential purchase comes as California debates a proposed one-time wealth tax on billionaires that would apply to unrealized gains, a measure that has stirred concern among investors and business leaders across the state. Several billionaires, including Peter Thiel and David Sacks, have left California in the face of the proposal."
Mark Zuckerberg and his wife, Priscilla Chan are looking at purchasing a property on Indian Creek, a man-made island in Biscayne Bay known as Billionaires Bunker. Residents of the ultra-secure enclave include Jared Kushner, Jeff Bezos and Tom Brady. Zuckerberg has a net worth near $240 billion and owns homes in Palo Alto, near Lake Tahoe, Hawaii and Washington, DC. It was unclear whether a Florida purchase would change his residence or add to his holdings. The potential purchase coincides with debate in California over a proposed one-time wealth tax, and several billionaires have left the state. South Florida continues to attract wealthy tech executives. A Meta spokesperson declined to comment.
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