Sources: Mark Zuckerberg plans to buy a Miami mansion, likely for up to $200M, joining other tech billionaires in Florida as California proposes a 5% wealth tax
Wall Street Journal
Related Coverage
- Mark Zuckerberg and Priscilla Chan to Get Even Cozier With Trump Via Miami Mansion Purchase SFist · Jay Barmann
- Zuckerberg buys in Bezos' Florida zip code amid California wealth tax fight Straight Arrow News · Dan Levin
- Mark Zuckerberg Is the Latest Billionaire to Move to Florida Architectural Digest
- Zuckerberg ditches California for the free state of Florida The Post Millennial · Thomas Stevenson
- Zuckerberg Bails on California HotAir · John Sexton
- Daily Digest: Major AI companies hit with resignations, Zuckerberg buys exorbitant Miami mansion San Francisco Business Times · Ted Andersen
- MARK ZUCKERBERG ACQUIRES A MULTIMILLION-DOLLAR MIAMI BEACH ESTATE ELLE Decor · Geoffrey Montes
- Zuckerberg Set to Join California Billionaires With Miami Home Bloomberg · Kurt Wagner
- Meta CEO Mark Zuckerberg Buys ‘Billionaire Bunker’ Estate As California Tax Shift Looms Benzinga · Mohd Haider
Discussion
-
@paulg
Paul Graham
on x
It's important that people like Zuck and Larry Page are willing to move in response to the proposed wealth tax. It shows politicians what will happen if they try things like this. [image]
-
@balajis
Balaji
on x
Zuck out Page out Brin out Thiel out Elon out The most successful tech founders of all time have now exited the failed state of California. You shouldn't move there for tech. And if you are there, you should leave. The future is the decentralized Internet.
-
@elonmusk
Elon Musk
on x
@beffjezos Many
-
@chamath
Chamath Palihapitiya
on x
With Zuck's move to Florida, California's total taxable wealth from billionaires has plummeted to well under $1T from over $2T just a few weeks ago. The loss of this tax revenue was totally avoidable but is now forever. All because Gavin Newsom stood motionless as this stupidly
-
@beffjezos
@beffjezos
on x
Many founders in private have moved out of California as their primary place to live and operate, myself included
-
@martin_casado
@martin_casado
on x
The amount of tax revenue @RoKhanna and his ilk have cost average California is unprecedented. Less for education. Less for medical care. Less for infrastructures. Perhaps the single most disastrous policy move in the history of Silicon Valley.
-
@analyticacamil1
@analyticacamil1
on x
They must've heard that California's strengthening laws against pedophilia [image]
-
@ashleyrindsberg
Ashley Rindsberg
on x
CA has pulled off what must be the biggest self-own in US economic history. While @garrytan and many others worked to re-fire the Bay Area innovation forge, the Party embarked on an ideological purge of the world's greatest innovators. It's an inverse marvel, an historic
-
@markessien
Mark Essien
on x
All the billionaires are moving south. The chance of the 2031 extreme cold in the north happening is quite high. All of you migrating to Canada and the UK - you have less than 5 years before you need to migrate to the south.
-
@tunguz
Bojan Tunguz
on x
Florida is where the future of technology is headed.
-
@brezina
Matt Brezina
on x
Goodbye to California's top taxpayers! Unions control California state politics and could very well bankrupt the state with this proposed billionaire tax Public sector unions have also shut down all San Francisco public schools starting today. Winning!
-
@chefgruel
Chef Andrew Gruel
on x
He created the beast from which he is fleeing.
-
@francissuarez
Francis X. Suarez
on x
So you're saying there's a chance...lol. @MarkZuckss welcome to the neighborhood. Another one bites the dust...
-
@pitdesi
Sheel Mohnot
on x
Wealth tax is truly the dumbest thing for California. Although we have crazy politicians, in this case almost no elected officials even support it, yet it could still end up on the ballot. Direct democracy is bad, actually!
-
@gbousis
George D. Bousis
on x
Welcome @finkd !!!
-
@yossigestetner
Yossi Gestetner
on x
Guys, like Zuck, who helped make Cali a One State Blue Regime should live with the consequences of their actions instead of moving to red states where they will AT BEST behave like Democrats from 12 years ago.
-
@balajis
Balaji
on x
By the way, it's obvious that the 2026 billionaire wealth seizure will be followed by a millionaire wealth seizure. Why? Because the same California Democrats who are trying to expropriate 200 “billionaires” proposed a wealth tax on 30,000 millionaires back in 2020. That [image]
-
@meghanbobrowsky
Meghan Bobrowsky
on x
Norman Braman's wife said Zuckerberg told them he planned to move to a new Miami mansion by April, per WSJ story [image]
-
@wsj
@wsj
on x
Exclusive: Billionaire Meta CEO Mark Zuckerberg and his wife, Priscilla Chan, are purchasing a newly completed waterfront mansion on Miami's Indian Creek, becoming the latest California billionaires to buy a home in South Florida. https://www.wsj.com/...
-
@ricburton
Richard Burton
on x
Kids in Creators in Students in Engineers in Designers in California is worth fighting for. Don't let the tax bills of a few post-economic ballers change your plans. Balaji happily extracted what he needed from California and then scurried away like the rest of his ilk.
-
@pitdesi
Sheel Mohnot
on x
@benduchek I don't think he's moving now but is getting lined up in case he has to. In any case, this tax (even though it hasn't been enacted) has pushed a LOT of people to rethink California. and... i have discussed policy. see if you agree https://x.com/...
-
@jon_hartley_
Jon Hartley
on x
Mark Zuckerberg buying Miami home following California wealth tax proposal
-
r/economy
r
on reddit
Mark Zuckerberg Is the Latest California Billionaire to Buy a Florida Home - The Wall Street Journal.
-
r/bayarea
r
on reddit
Mark Zuckerberg Is the Latest California Billionaire to Buy a Florida Home for up to $200M