Indian Creek in Florida has earned the moniker 'Billionaire Bunkers Island' due to its seclusion and the presence of a private security team.
Even wealthy people can no longer afford to live on the island because residents are being priced out by people like Jeff Bezos of Amazon, a local historian told Bloomberg.
“Only the very wealthy, the billionaires can afford to live in Indian Creek now. Hundreds of millions aren’t gonna cut it anymore,” said Paul George.
After purchasing two nearby mansions on the island for a combined sum of around $150 million last year, Bezos already owns multiple properties on the island and is hoping to purchase three more.
Inside Florida's 'billionaires bunker' where the ultra-rich like Jeff Bezos is pushing out millionaire locals - as the Amazon tycoon looks to snag three more properties
Billionaires on the island of Indian Creek in Miami, Florida, are said to be forcing out previous owners… pic.twitter.com/BTUvEyfhk7
Full Access
Included:
-
Access to All Articles.
-
One Plan. No Tiers.
-
No Ads.
-
Cancel anytime.