Miami has become the new playground for America's wealthiest citizens. With no state income tax, year-round sunshine, and a booming luxury real estate market, the Magic City has attracted a remarkable concentration of billionaire wealth. Here are the titans who now call South Florida home.
1. Ken Griffin — $35 Billion
The Citadel founder's move from Chicago to Miami in 2022 sent shockwaves through the finance world. Griffin has since purchased multiple properties on Star Island, donated hundreds of millions to local causes, and is reshaping Brickell into the new Wall Street South.
Ken Griffin
2. Changpeng Zhao — $33 Billion
The Binance founder, known as CZ, helped establish Miami as the crypto capital of the United States. Despite regulatory challenges, his impact on Miami's tech ecosystem remains massive.
Changpeng Zhao
3. Leonard Lauder — $30 Billion
The Estée Lauder chairman emeritus is a Palm Beach fixture whose family's beauty empire remains one of the most valuable in the world.
Leonard Lauder
4. Carl Icahn — $24 Billion
The legendary activist investor operates his empire from Indian Creek Island, the ultra-exclusive Billionaire Bunker where he's been a resident for decades.
Carl Icahn
5. David Tepper — $18 Billion
The Appaloosa Management founder moved his hedge fund headquarters to Miami Beach in 2016, presaging the finance migration that would follow. He also owns the Carolina Panthers.
David Tepper
6. Stephen Ross — $12 Billion
The Related Companies founder owns the Miami Dolphins and Hard Rock Stadium, and has transformed Hudson Yards in New York. His South Florida roots run deep.
Stephen Ross
7. Israel Englander — $11 Billion
The Millennium Management founder operates one of the world's largest hedge funds with significant Miami operations.
Israel Englander
8. Peter Thiel — $8 Billion
The PayPal co-founder and venture capitalist has been instrumental in Miami's tech renaissance, investing in local startups and hosting Founders Fund events.
Peter Thiel
9. Paul Tudor Jones — $8 Billion
The Tudor Investment founder is a Palm Beach legend, known for his macro trading prowess and philanthropy through the Robin Hood Foundation.
Paul Tudor Jones
10. Jorge Pérez — $4.2 Billion
The Condo King built more of Miami's skyline than perhaps anyone else. Related Group has developed over 100,000 residences across Florida.
Jorge Pérez
Combined net worth of Miami's top 10 billionaires: Over $180 billion. That's larger than the GDP of most countries.