Google cofounder Larry Page has quietly—or loudly—joined the billionaire exodus from California, shifting businesses east and dropping about $173 million on two ultra-luxury waterfront mansions in Miami’s Coconut Grove in a move that looks strikingly similar to Jeff Bezos’ relocation playbook. The timing, structure, and destination of Page’s escape from Silicon Valley make his Florida pivot look downright Bezos-ian.
In late December and early January, The Wall Street Journal reported, Page snapped up two neighboring estates in Miami’s Coconut Grove, paying roughly $101.5 million for one waterfront compound and $71.9 million for another in an off‑market deal, for a combined outlay of about $173.4 million. One of the homes, previously listed for $135 million, spans 13 bedrooms and 15.5 bathrooms and sits directly on the water, while the second, bought from heiress Sloan Lindemann Barnett and her husband Roger Barnett, nearly doubled in value in less than five years.
The purchases plant Page squarely inside one of Miami’s most exclusive enclaves, long favored by global elites seeking privacy, water access, and low‑key luxury. Local brokers say his splashy entry is part of a broader surge of high‑net‑worth Californians scouting Coconut Grove and other South Florida neighborhoods as they hedge against looming tax changes while upgrading to trophy waterfront properties. The real-estate purchases double as both a luxury retreat and a massive tax‑savings vehicle, with Page the most prominent of California’s ultrawealthy choosing to leave as state lawmakers are targeting fortunes like his with an aggressive wealth‑tax push.
