Jeff Bezos, the world's second-richest individual, recently expanded his real estate portfolio with a third mansion on Indian Creek Island near Miami, Florida.
The six-bedroom estate was acquired for nearly $90 million in an off-market transaction, joining his two previous purchases totaling $147 million on the same island.
Image source: Instagram/Jeff-Bezos
Indian Creek Island, known colloquially as "Billionaire's Bunker," is home to affluent residents, including notable figures like Ivanka Trump, Jared Kushner, and Tom Brady.
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Reports suggest Bezos plans to demolish his first two properties to construct a massive mansion, although this hasn't been officially confirmed. This aligns with his significant stock sell-offs, leveraging Florida's favorable tax environment.
Image source: Instagram/Jeff-Bezos
Bezos's relocation to Florida also aligns with personal and professional motives, including proximity to family and his aerospace company, Blue Origin.
While Bezos's real estate ventures remain exclusive, opportunities exist for individuals to enter the real estate market through platforms like real estate investment trusts (REITs) or crowdfunding, offering more accessible entry points to this traditionally high-cost sector.
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