Miami hasn’t always been a destination for luxury and wealth. For a long time, it was seen as a fun place to party and vacation—an escape from the world. But as more wealth has moved from major cities like New York and Los Angeles, Miami has become an epicenter for luxury and lavishness.
In 2025, a home in the city sold for more than $100 million for the first time ever. Jeff Bezos has assembled more than $230 million in property on Indian Creek Island, the guarded enclave known as the “Billionaire Bunker,” and Citadel CEO Ken Griffin moved his company’s headquarters there. Mark Zuckerberg, Larry Page, and Peter Thiel all also bought property there.
