Feng Huang Wang·2026-01-08 00:18Core Insights - Google co-founder Larry Page has purchased two luxury properties in Miami for a total of $173.4 million, amid California's proposed wealth tax targeting billionaires [1][3] - The first property, a beachfront estate previously owned by Jonathan Lewis, was bought for $101.5 million, while the second property was acquired for $71.9 million [1][2] Property Details - The first estate spans approximately 4.5 acres along Biscayne Bay and features two main residences, one designed in the 1920s and another built around 2002 [2] - The second property was previously owned by Sloan Lindemann Barnett and her husband Roger Barnett, who purchased it for $45.9 million in 2021 [2] Market Trends - Following California's proposal for a one-time 5% tax on billionaire assets, many tech entrepreneurs are relocating to Florida, with Miami real estate seeing increased interest from Silicon Valley billionaires [3] - Real estate agents report a surge in inquiries from clients in the San Francisco Bay Area, with discussions centered around the wealth tax and property purchases [3]