• “Billionaire Beach” in Florida is home to 58 billionaires, including Donald Trump, Ken Griffin, Julia Koch, and Stephen Schwarzmann. The total wealth of homeowners in Palm Beach is about 494.7 billion dollars-as it contradicts 1 % in the world with virgin beaches, unparalleled privacy, tax breaks, huge transfers, and border.

Florida has become Mecca one of the richest America – with many of the richest individuals in the world who flow to the city of Usnside, which is called “”Billionaire beach“Where you can rub the shoulders with proverbs Ken Griffin and Donald Trump.

Palm Beach is home to the rest of 58 billionaires, where it is drawn to the crystal blue water, and the modes similar to the Mediterranean with unparalleled privacy, and Rodeo-Drive shopping.

Many of the richest special properties on South Ocean Street, a famous part of the street from the “billionaire”, lined with tall palm trees and virgin beaches. Real estate costs an arm and leg, with some shipping 57.5 million dollars or $ 38.7 million In favor of the exclusive neighborhood.

One of 8 bedrooms, 15 bathrooms existing Until up to 88 million dollars.

But Kenneth Griffin, CEO of the company fortHe wants to break all these numbers.

The American hedge fund manager at $ 41.8 billion His watching group On building a billion dollars in Palm Beach. In 2023, he bought about 20 acres of major real estate in the region, and the plans are present It is still ongoing To spend anywhere from 150 million dollars to 400 million dollars on building his dreams – it is expected that one of the most prominent homes on this planet will be when it is completed.

It is a quarter of a mile south south Mar-A-Lag drug.

10 of the richest population of Palm Beach

The net value depends on the latest data from Bloomberg billionaires index.

• Julia Koch and family, 75.7 billion dollars
• Thomas Petrovi, 52 billion dollars
• Stephen Schwarzmann, 47.9 billion dollars
• Kenneth Griffin, 41.8 billion dollars
• Abyel Johnson, $ 38.9 billion
• And Gilbert, 30.2 billion dollars
• Thomas is the date of the son, 29.5 billion dollars
• Gina Ranhart, 24.6 billion dollars
• David Tiber, 22.3 billion dollars
• Henry Kravis, 16.6 billion dollars

Like feather birds, billionaires tend to stick together. It is estimated that the net value of the richest population of Palm Beach amounted to 494.7 billion dollars in 2024, according to. For analysis to Forbes Data before Palm Beach Daily News.

Regardless of the moderate climate, private beaches, scenic views, and luxury real estate, the town of Florida attracts its richest world for it Tax exemptions. It is worth noting that Florida is one of the nine American states that does not have an income tax – which means that residents and companies do not have to pay taxes on their wages, salaries, or commercial profits.

In addition, the flow to Florida is not just an investment for billionaire pockets – it is part of the attractiveness of the purchase of Megamansion on Palm Beach shares a postal code with some hundred in the world.

It can include your superior neighbors Koch IndustriesJulia Koch and her family, worth $ 75.7 billion; Stephen Schwarzmannthe Blackstone The CEO includes a net value of $ 47.9 billion; or Sincerity CEO Abeel JohnsonWhich raised an empire worth $ 38.9 billion, to name a few.

After Estée Lauder bought his brand for $ 2.8 billion, A-Liste Tom Ford fashion Eager 51 million dollars for a house in the region in 2022. After one year, he bought 84 other real estate worth more than $ 10 million in Palm Beach during 2023.

And if the billionaire owners in Palm Beach are not enough, then you only need to drive 10 miles south to Manalan, where Oracle Founder Larry Ellison Only Florida Register To buy a property of $ 173 million, it extends 16 acres.

This story was originally shown on Fortune.com

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2025-03-25 16:43:00