Zuckerberg set to join California billionaires with Miami home

Core Insights - Mark Zuckerberg and his wife, Priscilla Chan, are considering purchasing a property on Indian Creek, a high-security area in Biscayne Bay known as Billionaires Bunker, which is home to several ultra-wealthy individuals [1][8] - Zuckerberg's net worth is approximately $240 billion, and he currently owns multiple properties in California, Hawaii, and Washington, DC, but it is unclear if the Florida purchase would be a change of residence or an addition to his real estate portfolio [2][9] - The potential property acquisition coincides with California's proposed one-time wealth tax on billionaires, which has prompted some billionaires to leave the state [3][9] Real Estate Trends - South Florida is increasingly attracting wealthy technology executives from California, with notable recent purchases by Google's co-founders; Larry Page acquired three homes in Miami for nearly $190 million, while Sergey Brin is reportedly buying a $50 million home [4][9] - Indian Creek is recognized as one of the most exclusive enclaves in South Florida, featuring a large golf course and strict security measures [5][9] Political and Economic Context - California is debating a union-backed ballot measure proposing a one-time 5% tax on individuals with a net worth exceeding $1 billion, aimed at addressing funding shortfalls in healthcare, education, and food assistance [6][9] - This tax proposal has sparked a pro-business political movement supported by wealthy figures in the tech industry, including donations from Brin and former Google CEO Eric Schmidt, who have collectively raised about $35 million [7][9]