Vetted by NeuralPress's Multi-Agent Verifier for strict factual validity and event relevance. Our compliance engine cross-checks and filters search results to ensure zero false correlations or misleading content.
Primary Sources
The CEOs and Companies Fueling Miami's Billionaire Boom - Business Insider
Inside Miami's billionaire rush: Every major company and CEO that has recently relocated — and who might be next By Kristine Villarroel You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Starbucks' former CEO Howard Schultz, and Jeff Bezos have recently relocated to Miami, while figures like Mark Zuckerberg have recently purchased property in the city. Pier Marco Tacca/Getty Images/Alexander Tamargo/Getty Images for America Business Forum/Jeff Bottari/Zuffa LLC 2026-04-24T15:14:24.088Z Tax proposals in California and New York are pushing billionaires to Florida. Aside from the tax benefits, lifestyle perks are also fueling the trend. Mark Zuckerberg, Larry Page, and Sergey Brin have all recently purchased homes in the city. Move aside, Wall Street and Silicon Valley: Miami is vying to be the new epicenter of US business, tech, and wealth.The city has long been seen as a gateway to Latin America and the Caribbean, but recent developments in its business landscape are helping turn it into a larger American business hub.Finance firms, tech companies, and consumer brands have expanded their presence in the city, from opening new offices to relocating headquarters.And their executives have joined the wave.Ken Griffin recorded Miami-Dade County's first-ever nine-figure home sale after Citadel announced its relocation in 2022; Jeff Bezos spent $147 million on two Indian Creek homes after leaving Seattle for Miami; and Palantir CEO Alex Karp quietly bought a $46 million mansion on the Venetian Islands ahead of the company's headquarters shift to Aventura.This comes as states like New York and California are considering or proposing policies aimed at increasing the taxation of the ultrawealthy. This includes California's proposed Billionaire Tax Act, which would impose a one-time 5% tax on the net worth of California residents and certain trusts worth at least $1 billion, and New York's pied-à-terre tax bill, which would impose an added tax on certain non-primary New York City homes, including second homes owned by people whose primary residence is elsewhere.But beyond the tax benefits, the ultrawealthy are flocking to Miami for the lifestyle."You can't beat the lifestyle," Manny Varas, a luxury homebuilder who works with billionaire clients in South Florida, told Business Insider.Varas, who has built and renovated homes for the likes of Jennifer Lopez, Lil Wayne, and the Bezos family, said that the city's "pro...
CEO: Miami's luxury boom fuels 'mecca' for wealthy as other buyers ...
EXCLUSIVE: The great American wealth migration has officially reached its "mecca" phase.As tech titans like Mark Zuckerberg and Larry Page lead a billion-dollar exodus from high-tax strongholds in California and New York, Corcoran Group CEO Pamela Liebman says Miami’s transformation into a global powerhouse is no longer a "boom-and-bust" trend but rather a permanent structural shift.Speaking exclusively with Fox News Digital, the real estate mogul reveals why the elite are ditching the West Coast for South Florida’s "vibrant" culture and business-friendly climate, declaring: "When people see names like this flocking to a city like Miami, it helps to even more establish what's already a global city into a mecca for these incredibly wealthy people.""Miami is a true luxury lifestyle home," she added. "I moved back here in 2020. I'm a big believer in Miami… it's really established itself as a world-class and worldwide city with tons of recognition… that’s just not going away."Inside The 50-Home Miami Sanctuary Where Smart Money Is Buying Decades Of Security For Their KidsLiebman and her team most recently launched sales at the first-ever residential development in Miami’s renowned Design District. Miami Design Residences by Chipperfield — a 26-story tower featuring 143 condos and a flagship Fouquet’s hotel — marks a historic shift for an area previously reserved for ultra-luxury retail and fine dining. A surprising catch: Units start at $1.8 million, a reasonable figure for a high-demand, low-supply market.Read On The Fox Business AppIn recent months, Miami has welcomed home many new ultra-high-net-worth residents who have been fleeing blue state wealth taxes.The longtime CEO revealed to Fox News Digital that the project is so high conviction she has personally purchased a unit alongside other "global names in fashion.""We work on a lot of projects, and I haven't bought that many units across all my years. I bought some, but this project was a no-brainer to me," she said. "This building will have an incredible sense of community. It will be very chic. It will be one of these buildings, in my opinion, that you can look back on and say, ‘Wow, I'm so glad I bought early,’… And again, I put my money where my mouth is."Though the Miami heat keeps ramping up, as Liebman noted first-quarter condo sales are up 17% and home sales above $5 million have risen almost 10%, she admits that there’s "a tale of two markets" between luxury and median homebuyers.The differences ...
WHY ARE ALL THE BILLIONAIRES MOVING TO MIAMI? Because ...
That is exactly why Miami keeps attracting names like. Jeff Bezos, Ken Griffin, Larry Page, Sergey Brin, Stephen Ross, Mark Zuckerberg, and many more. And when ...
Miami as New Corporate Hub: Global Brand Relocations
Miami is growing into a corporate hub for international brands. Discover why Florida is on the shortlist and which US market entry strategy suits your company.
