Why is Jeff Bezos buying more houses since he arrived in Miami?

Bezos' interest in investing in properties in this area aligns with the trend of "bunkermaxxing", a phenomenon characterized by the accumulation of properties in the hands of billionaires as a strategy to fortify their privacy and personal security.

1 | 08/01/2024 - 1:24pm (GMT-5)

Cargando — Indian Creek Islet Photo © Idealista / Creative commons

Islote de Indian Creek © Idealista / Creative commons — Indian Creek Islet Photo © Idealista / Creative commons

Jeff Bezos, founder of Amazon and one of the richest people in the world,has expanded its presence in Indian Creek, Miami, with the recent acquisition of two mansions for a total of 147 million dollars.

This island, known as the "Billionaires' Bunker", is an exclusive enclave for tycoons and celebrities, characterized by its high security, privacy and opulence.

Bezos' interest in investing in properties in this area aligns with the trend of "bunkermaxxing", a phenomenon that, according toInfobae, is characterized by the accumulation of properties in the hands of billionaires as a strategy to fortify their privacy and personal security.

The trend is not exclusive to Miami, as prominent figures such asMark Zuckerberg They have also adopted similar strategies in other privileged locations such as Hawaii.

The transformation of Indian Creek is evident, with a marked exclusion of the wealthy in favor of the extremely wealthy, reflecting a growing social division in the region.

Rising home prices and rapid inflation are a consequence of this dynamic, showing a concentration of capital and influence in areas like this, attractive to those seeking to escape high taxes in Democratic states.

Florida has become a preferred destination for those seeking privacy and tax benefits, attracting a concentration of capital in enclaves like Indian Creek.

This island offers an exclusive lifestyle, with a median home price of $29.5 million and privileges such as access to an exclusive country club and a private 18-hole golf course, just 12 kilometers from South Beach.

Bezos' decision to invest in this enclave highlights the current dynamics of the luxury real estate market in the post-Covid era, where security and exclusivity are increasingly valued by billionaires, beyond simple luxury and ostentation.

This trend not only redefines the area's real estate market, but also reflects the evolution of the lifestyle preferences of wealthy owners in search of a safe and exclusive refuge in the midst of an increasingly uncertain world.