Mark Zuckerberg shuns California, buys Miami mansion | Latest Tech News
Mark Zuckerberg is the latest tech titan to splash enormous money on a Florida property as billionaires continue to shun the Golden State, according to a new report.
The Meta CEO and his spouse Priscilla Chan bought an property on Miami’s Indian Creek that possible bought for between $150 million and $200 million, the Wall Street Journal reported.
Mark Zuckerberg and his spouse Priscilla Chan, co-founder and co-CEO of the Chan Zuckerberg Initiative, in Nov. 2025. AP
Aerial photos obtained solely by The Post show a sprawling waterfront compound spanning a number of adjoining tons on Indian Creek, a gated barrier island nicknamed “Billionaire Bunker” for its ultra-wealthy residents, including David and Victoria Beckham, Tom Brady and Jeff Bezos, among others.
The property stretches along Biscayne Bay, with bolstered seawalls and a number of personal docks extending into the turquoise water, offering direct access for boats and yachts.
A large, newly constructed main residence stands at the middle of the compound — flanked by palm-lined walkways and manicured grounds.
Construction tools and unfinished landscaping seen in the photographs show the home is in its closing phases of completion.
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Several inside sections show naked ground, patchy soil and areas awaiting sod, plantings or closing grading — suggesting the landscaping part is just not yet full.
Parts of the roofs, terraces and walkways seem newly put in — with no seen furnishings or completed outside facilities
Aerial photos of the property show a sprawling waterfront compound spanning a number of adjoining tons on Indian Creek. New York Post
Indian Creek is a gated barrier island nicknamed “Billionaire Bunker” for its focus of ultra-wealthy residents. New York Post
The property backs onto a lush golf course and parkland, offering a buffer of open inexperienced space behind the home. New York Post
The property backs onto a lush golf course and parkland, offering a buffer of open inexperienced space behind the home, while bridges and causeways join the island to Miami Beach and the mainland.
Agents and brokers in Miami said there was an inflow of Californians trying for ultra-luxury properties to snatch up in the world.
Google co-founder Larry Page bought a number of properties in Miami for around $188 million in current months, while fellow co-founder Sergey Brin is in talks to buy a $50 million home in Miami Beach.
The purchases come as California legislators have proposed a one-time 5% “billionaire tax” to scrounge up funds for a health care system under pressure after federal funding cuts.
Construction tools and unfinished landscaping seen in the photographs recommend the home was lately accomplished or is in its closing phases of completion. New York Post
Page moved a number of of his business entities out of California to keep away from the new tax.
Real property brokers imagine California’s potential new tax is sending billionaires out of the state and into tax havens like Florida.
“The 5% tax in California is really driving out people in a major way,” Danny Hertzberg, a Miami real-estate agent at Coldwell Banker Realty, told the Journal.
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Gov. Gavin Newsom is opposed to the billionaires tax, calling it a “badly drafted effort” that has already had a “outsized impact on this state.”
The vendor of the Zuckerberg property is a limited-liability company tied to Jersey Mike’s founder Peter Cancro.
The home sits on the barrier island of Indian Creek, also home to billionaire auto supplier Norman Braman. Braman’s spouse Irma told the Journal that Zuckerberg deliberate to transfer into the Miami property by April.
“We’re happy to have him,” she said.
Zuckerberg’s new home provides to his intensive real estate portfolio, including mansions in Palo Alto, Lake Tahoe and on the Hawaiian island of Kauai.
Additional Reporting by Ariel Zilber.
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