Google founders buy $225M in Miami real estate as billionaires flee California tax

Google co-founders Larry Page and Sergey Brin have acquired approximately $225 million worth of real estate in Miami, Florida, as part of a broader trend of billionaires relocating from California due to proposed tax increases. The article reports that other wealthy individuals are also moving their companies to the coastal region. Google itself is purchasing office space in Miami to accommodate this shift. The migration is driven by California's proposed tax policies, which are prompting high-net-worth individuals and businesses to seek more favorable tax environments in Florida. The purchases include multiple mansions and represent a significant investment in the Miami area by the tech billionaires.