"I got a flurry of requests and inquiries. I had a lot of Zoom calls with people coming in January after the holidays. The Californians were never really a target market for us. California's a beautiful state, but now, because of all the political situations and all the tax laws, it's just coming in our favor."
"While the Florida migration among everyday people may have cooled following a pandemic-era boom, billionaires are fueling a spree of massive purchases. They are largely looking to avoid a proposed California wealth tax, which Delgado said led to the busiest January she's ever experienced."
"Google cofounder Larry Page dropped nine figures on properties in the 305 over the past few months, sparking a series of news articles about who might follow. His cofounder, Sergey Brin, is reportedly close to closing on a $50 million property, and Meta CEO Mark Zuckerberg is reportedly looking in the area."
South Florida luxury real estate agent Saddy Abaunza Delgado reports a dramatic shift in clientele from doctors and business owners spending up to $8 million to billionaires investing nine figures in waterfront properties. This surge began at the end of 2025 and accelerated into 2026, with multiple agents confirming increased inquiries. The primary driver is California's proposed wealth tax, prompting tech and finance titans to relocate. Google cofounder Larry Page recently purchased nine-figure properties in Miami, while cofounder Sergey Brin is closing on a $50 million property. Meta CEO Mark Zuckerberg is reportedly exploring the area. Florida's billionaire population grew from 110 in January 2025 to 123 by the start of 2026. Additionally, Palantir's planned headquarters relocation from Denver to Miami signals further tech industry interest.
Read at Business Insider
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