Fete Lifestyle Magazine September 2023 - Fall Fashion Issue | Page 52

Jeff Bezos Miami Mansion

Photo Credit FOX Business

BILLIONAIRE BUYERS CLUB

The World’s Richest are Giving Miami’s Luxury Real Estate Market a Big Boost

rom Chicago’s

Citadel hedge fund

boss, Ken Griffin to

Amazon founder, Jeff Bezos, buying homes in Miami around the $100 million mark seems like a piece of cake.

Griffin took the biggest slice buying a Miami four-acre waterfront estate with two homes for a mere $109 million setting the local record topping 9 figures. It was the highest priced residential sale in Miami history. The property overlooks Biscayne Bay with 400 feet of water frontage and views of the Miami skyline.

And that’s not all Griffin, now Miami’s wealthiest resident, bought here. With a net worth of around $32.7 billion, Griffin has plenty of dough to sprinkle around South Florida. His pandemic buying spree has not slowed down. Griffin’s Miami real estate portfolio tops off at around $1.3 billion so far. And as Griffin said himself, “We’re not sort of in --- we’re all in.”

F

BY BRIDGET GAINER