{"id":172059,"date":"2026-02-10T16:45:08","date_gmt":"2026-02-10T16:45:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/172059\/"},"modified":"2026-02-10T16:45:08","modified_gmt":"2026-02-10T16:45:08","slug":"mark-zuckerberg-set-to-join-other-silicon-valley-billionaires-with-miami-home-the-mercury-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/172059\/","title":{"rendered":"Mark Zuckerberg set to join other Silicon Valley billionaires with Miami home \u2013 The Mercury News"},"content":{"rendered":"

By Kurt Wagner, Bloomberg<\/p>\n

Billionaire Meta Platforms Inc. founder Mark Zuckerberg<\/a> 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.<\/p>\n

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.<\/p>\n

RELATED:\u00a0More than half of California\u2019s billionaires call the Bay Area home: Who are they?<\/a><\/p>\n

With a net worth of about $240 billion, according to the Bloomberg Billionaires Index, Zuckerberg owns two homes in California \u2014 in Palo Alto and near Lake Tahoe \u2014 and others in Hawaii and Washington, DC. It was unclear whether Zuckerberg\u2019s plans to purchase in Florida would represent a change in residence or an addition to his real estate portfolio.<\/p>\n

The potential purchase comes as California debates a proposed one-time wealth tax on billionaires<\/a> 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.<\/p>\n

A Meta spokesperson declined to comment. The Wall Street Journal earlier reported on Zuckerberg\u2019s purchase of a Florida home.<\/p>\n

South Florida has continued to attract wealthy technology executives from California. In recent weeks, Google\u2019s co-founders have both made purchases in the area. Larry Page bought three homes in Miami\u2019s Coconut Grove neighborhood for a combined total of nearly $190 million, while Sergey Brin reportedly is purchasing a roughly $50 million home on Biscayne Bay.<\/p>\n

Indian Creek, which has a large golf course in the middle of the island, has become one of the most exclusive enclaves in South Florida with tight security limiting access to residents and invited guests.<\/p>\n

Zuckerberg has grown closer to President Donald Trump in his second term, and has visited Trump\u2019s Mar-a-Lago club in Palm Beach \u2014 about 70 miles north of Miami \u2014 on multiple occasions.<\/p>\n

The union-backed ballot measure in California, which still has to gather enough signatures to qualify for the November ballot, calls for a one-time 5% tax on those with more than $1 billion in net worth to cover funding shortfalls for health care, education and food assistance.<\/p>\n

The proposal has helped galvanize a new pro-business political effort backed by some of the industry\u2019s wealthiest figures. A group called Building a Better California, supported by donors including Brin and former Google chief executive Eric Schmidt, has raised about $35 million.<\/p>\n

\u2013With assistance from Anna J Kaiser, Daniel Cancel and Felipe Marques.<\/p>\n

More stories like this are available on bloomberg.com<\/a><\/p>\n

\u00a92026 Bloomberg L.P.<\/p>\n","protected":false},"excerpt":{"rendered":"By Kurt Wagner, Bloomberg Billionaire Meta Platforms Inc. founder Mark Zuckerberg is planning to buy a property in…\n","protected":false},"author":2,"featured_media":172060,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[184,387,7,9,8,400,12824,23695,181,1564,21163,2649,1338,2581,2582,100,975,195,395,13,388,397,198,2280,200,1970],"class_list":{"0":"post-172059","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-california","8":"tag-bay-area","9":"tag-business","10":"tag-california","11":"tag-california-headlines","12":"tag-california-news","13":"tag-california-politics","14":"tag-celebrity-homes","15":"tag-facebook-meta","16":"tag-latest-headlines","17":"tag-letters-to-the-editor","18":"tag-mark-zuckerberg","19":"tag-menlo-park","20":"tag-morning-wire","21":"tag-national-news","22":"tag-national-politics","23":"tag-news","24":"tag-opinion","25":"tag-palo-alto","26":"tag-peninsula","27":"tag-politics","28":"tag-real-estate","29":"tag-san-mateo-county","30":"tag-santa-clara-county","31":"tag-silicon-valley","32":"tag-south-bay","33":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/172059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=172059"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/172059\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/172060"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=172059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=172059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=172059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}