Jeff Bezos, the founder of Amazon.com Inc. and the world’s third-richest individual, has acquired a waterfront mansion in Indian Creek, Miami, for $68 million. The property is situated on a man-made barrier island known for its exclusivity and has been dubbed the “Billionaire Bunker.”
The estate, covering 2.8 acres (1.1 hectares), features a three-bedroom house built in 1965. The property was previously owned by MTM Star International, a company with ties to Panama. While the sale took place in June, the identity of the buyer was undisclosed until now. This acquisition marks another addition to Bezos’ rapidly growing real estate portfolio.
A representative for Jeff Bezos has not responded to requests for comment on the matter. However, sources indicate that Bezos is considering other property purchases in the Miami area as well.
Indian Creek is an exclusive enclave that has been home to prominent individuals such as Carl Icahn, Tom Brady, Jared Kushner, and Ivanka Trump. With this purchase, Bezos becomes one of the notable residents of the island. Over the years, Jeff Bezos has accumulated multiple homes, including properties in Washington, D.C., Manhattan, Seattle, and an estate in Maui. He also owns a 300,000-acre ranch in Texas, which serves as the launch site for Blue Origin’s New Shepard rocket.
Bezos’ spending on luxury items has increased since he stepped down as Amazon CEO in 2021 and following his separation from his ex-wife, MacKenzie Scott. He owns one of the world’s most expensive superyachts, the Koru, which was estimated to cost around $500 million to build.
The newly acquired Indian Creek property spans nearly 9,300 square feet (864 square meters) and includes a pool. With his fortune estimated at $163 billion according to the Bloomberg Billionaires Index, Bezos becomes one of the wealthiest residents of the island.
The purchase also holds personal significance for Jeff Bezos, as he graduated from high school in Miami. He spent time in the area during his youth after his stepfather, who was born in Cuba, got a job in Florida. His parents also own properties in Coral Gables and Miami Beach.
The high-end Miami real estate market has seen a surge in values, attracting some of the world’s wealthiest individuals, including Ken Griffin, Dan Loeb, and Josh Harris, who have acquired waterfront mansions in Miami Beach since the onset of the pandemic.