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Zuckerberg Buys in Bezos’ Florida Zip Code Amid California Wealth Tax Fight

Meta CEO Mark Zuckerberg reportedly purchased a luxury estate worth $150-$200 million in a South Florida zip code where Amazon's Jeff Bezos also owns property, amid California's proposed 5% billionaire tax.
The billionaire tax proposal, which would apply retroactively to January 1, 2026, is seen as a factor driving some high-net-worth individuals to leave California for states like Florida.
Venture capitalist Chamath Palihapitiya stated that Zuckerberg's move to Florida has caused California's total taxable wealth from billionaires to plummet to under $1 trillion from over $2 trillion a few weeks ago.

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Why, Like Mark Zuckerberg, Tech Billionaires Leave Silicon Valley for Florida

Several notable figures in the famous Californian valley move to escape the possibility of setting up a tax in the state.

2 hours ago·Paris, France

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Daily Post-Athenian

+3 Reposted by 3 other sources

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Billionaires tax appears to send Mark Zuckerberg packing

(The Center Square) – It appears that Facebook founder Mark Zuckerberg may be moving from California to Florida, where he bought a mansion.

2 hours ago

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Fast Company

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Mark Zuckerberg’s new Miami mansion sits at climate change ground zero

The Meta CEO’s home on the ultra-exclusive Indian Creek island faces rising seas, intensifying hurricanes, and mounting infrastructure risks. Billionaires can fortify—or flee—but the rest of Miami has far fewer options.

6 hours ago

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Benzinga

Center

Meta CEO Mark Zuckerberg Buys 'Billionaire Bunker' Estate As California Tax Shift Looms - Meta Platforms (NASDAQ:META)

Meta CEO Mark Zuckerberg and wife Priscilla Chan are relocating to a $150M–$200M Miami mansion amid California's proposed billionaire tax. Importance Rank: 1

14 hours ago·New York, United States

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Australian Financial Review

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Zuckerberg flees California for ‘billionaire bunker’

The Meta CEO and his wife are the latest California billionaires to reportedly buy a home in Florida, amid concerns over the introduction of a wealth tax.

17 hours ago·Sydney, Australia

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Sydney Morning Herald

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The Age

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‘Billionaire bunker’ blooms as Zuckerberg moves house

Facebook founder Mark Zuckerberg has joined the exodus of the ultrarich out of California seeking to avoid a new “wealth tax” by moving to a luxury private island.

18 hours ago·Sydney, Australia

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