Look Who’s Moving to Palm Beach!

Palm Beach

Look Who’s Moving to Palm Beach!

Recognizable People and CEOs Who Purchased Property in Palm Beach

Recognizable people and CEOs who have purchased property in Palm Beach. The list includes notable individuals from various fields, including business, entertainment, and politics, with a focus on those explicitly mentioned in the media. Many purchases are made through LLCs, obscuring buyer identities. As a result this is a small sampling which is increasing daily.

Donald Trump (Former U.S. President and Businessman):

  • Purchased Mar-a-Lago in 1985 for an estimated $10 million (about $30 million adjusted for inflation). Now valued at over $342 million net of debt, it’s his most valuable real estate holding.

Larry Ellison (Co-founder and Former CEO of Oracle): 

  • Bought a 6.5-acre oceanfront estate in North Palm Beach for $80 million in April 2021, listed for $145 million in 2022.
  • Purchased a $173 million estate in Manalapan (south of Palm Beach) in 2022, setting a Florida residential sale record.

Ken Griffin (CEO of Citadel):

  • Assembled a 25-acre estate on Billionaires Row, spending over $450 million since 2012. Purchases include:
  • Four adjacent properties on Blossom Way for $129.6 million in 2012.
  • A $104.99 million ocean-to-lake estate in 2019. A $99.13 million beachfront house in 2019.
  • An $83 million property in 2023.

William P. Lauder (Former Executive Chairman of The Estée Lauder Companies):

  • Purchased a North End oceanfront lot for over $110 million in 2021 and the former Rush Limbaugh estate for $155 million in 2023. Sold two oceanfront lots for around $165–$170 million in 2025.

Stephen Schwarzman (CEO of Blackstone):

  • Owns a 15,000-square-foot home with views of the Atlantic and Lake Worth Lagoon, purchased prior to 2024.

Sylvester Stallone (Actor):

  • Purchased an oceanfront estate for $33.5 million in 2020 and a $35.37 million estate in 2020 from Ron and Cindy McMackin.

Sean Hannity (Fox News Host):

  • Bought a $23.5 million mansion in Manalapan in 2024, a $14.9 million oceanfront townhouse in Palm Beach in January 2025, and a $5.3 million townhouse in 2021.

Gina Rinehart (Australia’s Richest Person, Mining Magnate):

  • Purchased a mansion near Mar-a-Lago for $66 million in 2022.

Steve Wynn (Casino Billionaire, Former CEO of Wynn Resorts):

  • Bought a half-acre property across from Mar-a-Lago for $13 million in December 2024 and previously flipped a Palm Beach home for $32 million after purchasing it for $24 million.

Robert F. Smith (Private Equity Executive, CEO of Vista Equity Partners):

  • Purchased two North Palm Beach properties for $48.19 million in 2020.

Robert Kraft (Owner of the New England Patriots, CEO of The Kraft Group):

  • Bought a Palm Beach penthouse condo for a record $23.75 million in 2022.

Tom Ford (Fashion Designer, Former Creative Director of Gucci and Yves Saint Laurent):

  • Purchased a home for $51 million in 2022.

Julia Koch (Philanthropist, Heiress to Koch Industries):

  • Owns property in Palm Beach, with her family’s net worth estimated at $74.2 billion in 2025. Specific purchase details not provided, but noted as a prominent property owner.

Abigail Johnson (CEO of Fidelity Investments):

  • Owns property in Palm Beach, with a net worth of $38.9 billion in 2025. Specific purchase details not provided.

Michael Dorrell (Australia-born Financier):

  • Bought Tarpon Island, Palm Beach’s only private island, for $150 million in May 2024.

Mitchell Morgan (Real Estate Businessman, CEO of Morgan Properties):

  • Owns a vacation home in Midtown Palm Beach, with a net worth of $5.5 billion in 2025. Specific purchase details not provided.

Stephen Ross (Real Estate Developer, Owner of Miami Dolphins, CEO of Related Companies):

  • Owns property in Palm Beach, with his net worth increasing from $10.1 billion in 2024 to $18.4 billion in 2025. Specific purchase details not provided.

Bradley Jacobs (Logistics Entrepreneur, CEO of XPO Logistics):

  • Owns property in Palm Beach, with a net worth of $12 billion in 2025. Specific purchase details not provided.

Elon Musk (CEO of Tesla, X, Neuralink, Starlink)

Jon Bon Jovi

Grant Cardone

Scott Baio

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