Jeff Bezos Buys Lavish Mansion At Famous ‘Billionaire Bunker’ In Florida – News18

Jeff Bezos founded Amazon in 1994 after he quit his job as an investment banker.

Jeff Bezos founded Amazon in 1994 after he quit his job as an investment banker.

This is the third mansion bought by Amazon founder Jeff Bezos on the island, as per reports.

Amazon founder Jeff Bezos has recently acquired a mansion on South Florida’s exclusive Indian Creek Island. This is the third mansion bought by the billionaire on the island, as reported by Bloomberg. In an off-market transaction, Bezos reportedly paid $90 million for the mansion located within the Miami-area enclave. According to the report, the billionaire has opted for the luxurious mansion with six bedrooms as his new residence. It’s been reported that there are plans underway to tear down his other properties on the island.

In November last year, the Amazon magnate announced his plans to relocate from the Seattle region to Miami. He shelled out $147 million for two mansions in Indian Creek. His other expansive real estate holdings include properties in Washington, an estate in Maui, and a luxurious mansion in Beverly Hills. He purchased the Beverly Hills mansion for a staggering $165 million in 2020.

The Indian Creek mansion, which Bezos recently acquired, had its last recorded sale at $2.5 million back in 1998. Property records indicate that the mansion was owned by a former banker named Javier Holtz.

Indian Creek is an exclusive 300-acre man-made barrier island located in Biscayne Bay off the coast of Miami, renowned as ‘Billionaire Bunker.’ Other residents include prominent figures such as Ivanka Trump, hedge fund king Ken Griffin, popular football player Tom Brady, billionaire investor Carl Icahn, billionaire businessman Eddie Lampert and renowned singer David Guetta.

As per the Bloomberg Billionaires Index, Jeff Bezos currently holds the second spot on the list of the world’s wealthiest individuals with a net worth of $203 billion. Since February, Jeff Bezos has sold approximately $8.5 billion worth of Amazon shares, marking his biggest sell-off since 2021. However, the billionaire hasn’t disclosed his plans yet regarding the proceeds.

In early March, Bezos briefly claimed the top position, surpassing Tesla’s Elon Musk. At that time, Bezos’ net worth was approximately $200 billion, followed by Musk at $198 billion. Musk has lost about $31 billion over the past year, while Bezos has gained $23 billion, according to the index. Musk had last held the top spot in 2023.

Jeff Bezos founded Amazon in 1994 after he quit his job as an investment banker.