A new wealth report reveals massive local migration to Florida, with 6 of the top billionaires residing directly in Miami.<\/p>\n
The ultra-wealthy aren’t just moving to the Sunshine State, with the vast majority choosing South Florida. Driven by favorable tax laws, growing luxury real estate offerings, and a booming financial ecosystem, the concentration of extreme wealth in Miami and South Florida has reached historic heights.<\/p>\n
According to a fresh data compilation by Stacker<\/a> utilizing Forbes<\/a> wealth tracking, tech tycoon Jeff Bezos<\/a>, who recently relocated to Miami\u2019s ultra-exclusive “Billionaire Bunker<\/a>” on Indian Creek Island, leads the list as Florida\u2019s wealthiest resident, boasting an astronomical net worth of $277.4 billion.<\/p>\n South Florida dominates the ranking, with billionaires concentrated in Miami, Palm Beach, Naples, Boca Raton and other exclusive waterfront communities.<\/p>\n Here\u2019s the countdown of Florida\u2019s 20 richest billionaires for 2025:<\/p>\n #20. Igor Olenicoff<\/a><\/p>\n \u2022 Net worth: $8 billion<\/p>\n \u2022 Source of wealth: Real estate<\/p>\n \u2022 Industry: Real estate<\/p>\n \u2022 Residence: Lighthouse Point<\/a><\/p>\n Olenicoff built one of the nation\u2019s largest commercial real estate portfolios.<\/p>\n #19. Paul Tudor Jones II<\/a><\/p>\n \u2022 Net worth: $8.1 billion<\/p>\n \u2022 Source of wealth: Hedge funds<\/p>\n \u2022 Industry: Finance & investments<\/p>\n \u2022 Residence: Palm Beach<\/p>\n Jones founded Tudor Investment Corp<\/a>. and became famous for predicting the 1987 stock market crash.<\/p>\n #18. Stephen Bisciotti<\/a><\/p>\n \u2022 Net worth: $8.4 billion<\/p>\n \u2022 Source of wealth: Staffing services, Baltimore Ravens<\/p>\n \u2022 Industry: Sports<\/p>\n \u2022 Residence: Hobe Sound<\/a><\/p>\n Bisciotti is majority owner of the Baltimore Ravens.<\/p>\n #17. Jeff Greene<\/a><\/p>\n \u2022 Net worth: $9 billion<\/p>\n \u2022 Source of wealth: Real estate, investments<\/p>\n \u2022 Industry: Real estate<\/p>\n \u2022 Residence: Palm Beach<\/p>\n Greene gained national attention after profiting from the U.S. housing market collapse.<\/p>\n #16. Elisabeth DeLuca and family<\/a><\/p>\n \u2022 Net worth: $9 billion<\/p>\n \u2022 Source of wealth: Subway<\/p>\n \u2022 Industry: Food & beverage<\/p>\n \u2022 Residence: Pompano Beach<\/p>\n The DeLuca family fortune comes from Subway, one of the world\u2019s largest fast-food chains.<\/p>\n #15. Todd Boehly<\/a><\/p>\n \u2022 Net worth: $9.3 billion<\/p>\n \u2022 Source of wealth: Finance<\/p>\n \u2022 Industry: Finance & investments<\/p>\n \u2022 Residence: Miami<\/p>\n Boehly is part owner of the Los Angeles Dodgers and Chelsea FC.<\/p>\n #14. Terrence Pegula<\/a><\/p>\n \u2022 Net worth: $9.3 billion<\/p>\n \u2022 Source of wealth: Natural gas<\/p>\n \u2022 Industry: Energy<\/p>\n \u2022 Residence: Boca Raton<\/p>\n Pegula owns the Buffalo Bills and Buffalo Sabres.<\/p>\n #13. Micky Arison<\/a><\/p>\n \u2022 Net worth: $9.6 billion<\/p>\n \u2022 Source of wealth: Carnival Cruises<\/p>\n \u2022 Industry: Services<\/p>\n \u2022 Residence: Bal Harbour<\/p>\n Arison helped build Carnival Corp. into the world\u2019s largest cruise company. He also owns the Miami Heat NBA franchise.\u00a0<\/p>\n #12. Josh Harris<\/a><\/p>\n \u2022 Net worth: $10.9 billion<\/p>\n \u2022 Source of wealth: Private equity<\/p>\n \u2022 Industry: Finance & investments<\/p>\n \u2022 Residence: Miami<\/p>\n Harris co-founded Apollo Global Management and owns stakes in several professional sports franchises.<\/p>\n #11. Robert Duggan<\/a><\/p>\n \u2022 Net worth: $12.8 billion<\/p>\n \u2022 Source of wealth: Pharmaceuticals<\/p>\n \u2022 Industry: Healthcare<\/p>\n \u2022 Residence: Miami<\/p>\n Duggan built his fortune through pharmaceutical and biotechnology ventures.<\/p>\n #10. Orlando Bravo<\/a><\/p>\n \u2022 Net worth: $12.8 billion<\/p>\n \u2022 Source of wealth: Private equity<\/p>\n \u2022 Industry: Finance & investments<\/p>\n \u2022 Residence: Miami Beach<\/p>\n Bravo is founder of private equity giant Thoma Bravo.<\/p>\n #9. Jude Reyes<\/a><\/p>\n \u2022 Net worth: $13.1 billion<\/p>\n \u2022 Source of wealth: Food distribution<\/p>\n \u2022 Industry: Food & beverage<\/p>\n \u2022 Residence: Palm Beach<\/p>\n #8. J. Christopher Reyes<\/a><\/p>\n \u2022 Net worth: $13.1 billion<\/p>\n \u2022 Source of wealth: Food distribution<\/p>\n \u2022 Industry: Food & beverage<\/p>\n \u2022 Residence: Hobe Sound<\/p>\n The Reyes brothers built one of the nation\u2019s largest food and beverage distribution companies.<\/p>\n #7. Shahid Khan<\/a><\/p>\n \u2022 Net worth: $15 billion<\/p>\n \u2022 Source of wealth: Auto parts, sports teams<\/p>\n \u2022 Industry: Automotive<\/p>\n \u2022 Residence: Naples<\/p>\n Khan owns the Jacksonville Jaguars and English soccer club Fulham FC.<\/p>\n #6. Stephen Ross<\/a><\/p>\n \u2022 Net worth: $17 billion<\/p>\n \u2022 Source of wealth: Real estate<\/p>\n \u2022 Industry: Real estate<\/p>\n \u2022 Residence: Palm Beach<\/p>\n Ross is chairman of Related Companies and owner of the Miami Dolphins, Hard Rock Stadium and the FI Miami Grand Prix.<\/p>\n #5. David Tepper<\/a><\/p>\n \u2022 Net worth: $23.7 billion<\/p>\n \u2022 Source of wealth: Hedge funds<\/p>\n \u2022 Industry: Finance & investments<\/p>\n \u2022 Residence: Palm Beach<\/p>\n Tepper founded Appaloosa Management and owns the NFL\u2019s Carolina Panthers.<\/p>\n #4. Ken Griffin<\/a><\/p>\n \u2022 Net worth: $49.8 billion<\/p>\n \u2022 Source of wealth: Hedge funds<\/p>\n \u2022 Industry: Finance & investments<\/p>\n \u2022 Residence: Miami<\/p>\n Griffin founded Citadel and helped fuel Miami\u2019s emergence as a major financial hub by relocating the company’s headquarters to Miami.<\/p>\n #3. Thomas Peterffy<\/a><\/p>\n \u2022 Net worth: $86.5 billion<\/p>\n \u2022 Source of wealth: Discount brokerage<\/p>\n \u2022 Industry: Finance & investments<\/p>\n \u2022 Residence: Palm Beach<\/p>\n Peterffy founded Interactive Brokers and pioneered electronic trading technology.<\/p>\n #2. Larry Ellison<\/a><\/p>\n \u2022 Net worth: $198 billion<\/p>\n \u2022 Source of wealth: Oracle<\/p>\n \u2022 Industry: Technology<\/p>\n \u2022 Residence: Manalapan<\/p>\n Ellison co-founded Oracle and remains one of the world\u2019s most influential technology billionaires.<\/p>\n