Synopsis
Florida's Indian Creek Village is also known as 'Billionaire Bunker'. It has long been known for its incredibly deep-pocketed residents. They include Jeff Bezos, Ivanka Trump, hedge fund king Ken Griffin, Tom Brady, Carl Icahn, Eddie Lampert and singer David Guetta. Know about the enclave of the super-rich.
Amazon titan and billionaire Jeff Bezos, Ivanka Trump, billionaire hedge fund king Ken Griffin, Tom Brady, Carl Icahn, Eddie Lampert and singer David Guetta are some of the people who live in this man-made barrier island. This is Florida’s hyper-exclusive Indian Creek Village, where a real estate property costs closer to $100 million and even some members of the richest 1 percent are not rich enough for this elite enclave. Miami-Dade County’s 'Billionaire Bunker ' has long been known for its incredibly deep-pocketed residents. But, its price has skyrocketed since the coronavirus pandemic.
Real Estate price touches sky
Talking to Bloomberg, Dina Goldentayer, who has been involved with multiple Indian Creek Village sales, said, "This is all post-COVID, and it was quite different before." She added that less than a decade ago "there would be five or six listings at the same time and $20 million was a big sale."
Jeff Bezos buys two houses
Jeff Bezos reportedly paid $68 million for a 9,259-square-foot mansion in the village. After two months, he shelled out yet another $78 million on the 19,064-square-foot home next door. According to the 'Post', Bezos is most likely to tear down both houses to build a new mansion.
Ivanka Trump spends $32 million
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Other Indian Creek residents Jared Kushner and Ivanka Trump, paid a reported $32 million for a French neoclassical-style manse nearby.
Only billionaires can afford it
Indian Creek’s five most well-off homeowners own a staggering $191 billion. University of Toronto’s School of Cities professor Richard Florida told Bloomberg that South Florida has always been infamous for gated communities and represents an enormous new infusion of the top 0.0001% in and around Miami.
HistoryMiami Museum resident historian Paul George said that "only the very wealthy, the billionaires” can now afford to live on the isle."
FAQs:
How much has Jeff Bezos spent to buy real estate properties at Indian Creek Village?
Jeff Bezos reportedly paid $68 million for a 9,259-square-foot mansion in the village. After two months, he shelled another $78 million on the 19,064-square-foot home next door.
What is 'Billionaire Bunker'?
Miami-Dade County’s 'Billionaire Bunker ' has long been known for its incredibly deep-pocketed residents. But, its price has skyrocketed since the coronavirus pandemic.
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