Zuckerberg breaks Miami record with $170 million mansion

"It's the highest sale in the history of Miami by far, and it seems like an outlier, but based on other properties and offers in the market, I think we'll see a significant amount of sales over $100 million. The deal closed on Monday at 7 Indian Creek Island Road, purchased from celebrity plastic surgeon Aaron Rollins and his wife, Marine, with the property featuring a partially completed mansion."

"Zuckerberg is joining a growing list of Silicon Valley billionaires who are snapping up some of Miami's most expensive homes following a proposal for a billionaires' tax in California. Alphabet Inc. co-founder Larry Page dropped $188 million on three Miami properties, and fellow co-founder Sergey Brin is purchasing a $50 million home in Miami Beach."

"The California tax that has spooked the ultra wealthy still needs to pass the ballot box in November. The proposal is a one-time, 5% tax on California residents whose net worth exceeds $1 billion. The calculation of net worth would include voting shares in startups and private companies."

Mark Zuckerberg and Priscilla Chan bought a $170 million mansion on Indian Creek Island in Miami's Biscayne Bay, establishing a new record for the most expensive home sale in Miami-Dade County. The property, purchased from plastic surgeon Aaron Rollins and his wife Marine, features a partially completed mansion. This transaction surpasses developer Vlad Doronin's previous $120 million Star Island sale record. The purchase reflects a broader trend of Silicon Valley billionaires acquiring expensive Miami properties following California's proposed one-time 5% tax on residents with net worth exceeding $1 billion. Other tech leaders, including Larry Page and Sergey Brin, have similarly invested in Miami real estate.

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