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Home » $90 Million Mansion Adds to Jeff Bezos’ Real Estate Portfolio
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$90 Million Mansion Adds to Jeff Bezos’ Real Estate Portfolio

This purchase, reportedly valued at approximately $90 million, marks Bezos's third acquisition on the exclusive island, affirming his commitment to expanding his real estate empire
News DeskBy News Desk5 April 2024No Comments3 Mins Read
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Jeff Bezos, the billionaire founder of Amazon.com Inc., has made headlines once again. Bezos recently acquired a six-bedroom mansion nestled within the opulent confines of South Florida’s Indian Creek island. This purchase, reportedly valued at approximately $90 million, marks Bezos’s third acquisition on the exclusive island, affirming his commitment to expanding his real estate empire.

Sources familiar with the transaction revealed that Bezos intends to utilize this newly acquired property as his primary residence while he undertakes the ambitious task of demolishing his other existing houses on the island. Despite the significance of this acquisition, representatives for Bezos declined to offer any comments on the matter. Property records indicate that the house in question last changed hands in 1998 for a mere $2.5 million, underscoring the exponential increase in its value over the years.

Bezos’s decision to invest in Indian Creek island aligns with his previous announcement in November of relocating from the Seattle region to Miami. Prior to this latest purchase, Bezos had already made substantial investments in the area, having spent a staggering $147 million on two other mansions within the same enclave. Indian Creek island, often dubbed the “Billionaire Bunker,” is renowned for its exclusivity and boasts an illustrious roster of residents, including prominent figures such as Jared Kushner, Ivanka Trump, Tom Brady, and Carl Icahn.

This latest real estate venture comes at a time when Bezos has been actively divesting his holdings. Since February, he has reportedly sold Amazon shares worth approximately $8.5 billion, marking his first significant stock disposals since 2021. However, Bezos, who currently ranks as the world’s second-richest individual with a staggering net worth of $203.7 billion according to the Bloomberg Billionaires Index, has remained tight-lipped about his plans for the proceeds from these sales.

Beyond his investments in Florida, Bezos’s property portfolio encompasses a diverse range of assets, including homes in Washington, a sprawling estate in Maui, and a lavish mansion in Beverly Hills, which he acquired for a jaw-dropping $165 million in 2020. The seller of Bezos’s latest Florida mansion, identified as former banker Javier Holtz, has not publicly commented on the transaction.

With his latest acquisition, Jeff Bezos continues to solidify his status not only as a titan of industry but also as a formidable player in the world of luxury real estate, leaving many to speculate about his future endeavors and the legacy he seeks to build beyond the realm of e-commerce.

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