Meta CEO Mark Zuckerberg has acquired a $150–200 million waterfront fortress on Miami's ultra-exclusive Indian Creek Island, known as the "Billionaire Bunker," expanding his network of fortified estates amid a broader trend of tech elites relocating to Florida.
The off-market purchase, made through a shell company linked to Jersey Mike's Subs founder Peter Cancro—who recently sold his sandwich empire for $8 billion—was designed by CMA Design Studio. The property features wraparound terraces, private docks, expansive gathering spaces, and heavy security, situated on an island already home to Jeff Bezos and Carl Icahn. Indian Creek is one of the most heavily guarded private communities in the U.S., patrolled by its own police force.
Zuckerberg's move aligns with a growing exodus of Silicon Valley elites fleeing California's proposed 5% wealth tax, retroactive to January 2026, for Florida's zero state income tax and lax regulatory oversight. Google co-founders Larry Page and Sergey Brin have also invested heavily in South Florida, with Page spending $188 million on Coconut Grove mansions and Brin eyeing a $50 million Miami Beach estate, driving the luxury market to new heights.
This Miami acquisition complements Zuckerberg's existing survival-oriented properties, including a 1,500-acre compound on Kauai, Hawaii, featuring a 5,000-square-foot underground bunker stocked with independent energy and food supplies. Billionaires like Bill Gates are similarly constructing fortified underground shelters with self-sufficient systems.
In Palo Alto, Zuckerberg has spent $44 million demolishing neighboring homes to build smaller, more defensible structures, part of his efforts to create secure compounds.