Meta CEO Mark Zuckerberg Buys $150M Mansion in Miami

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Meta CEO Mark Zuckerberg and his wife Priscilla Chan have purchased a newly completed waterfront mansion on Miami's exclusive Indian Creek island. The home is expected to fetch between $150 million and $200 million, making it one of the most expensive real estate deals in the Miami area. Zuckerberg already has an extensive luxury real estate portfolio, with properties in Lake Tahoe, Palo Alto, California, and on the Hawaiian island of Kauai.

Why it matters

The purchase is the latest example of California billionaires flocking to South Florida, attracted by the state's favorable tax climate and luxury real estate market. Indian Creek, known as the "Billionaire Bunker," is an exclusive island community home to some of the world's wealthiest individuals.

The details

The newly constructed mansion Zuckerberg purchased is located on Miami's Indian Creek, an exclusive island community that is home to some of the world's wealthiest individuals. Local real estate agents estimate the home will likely fetch between $150 million and $200 million, making it one of the most expensive real estate deals in the Miami area.

• Zuckerberg and his wife Priscilla Chan recently purchased the newly completed waterfront mansion.