Finance News

Google co-founder Larry Page reportedly buys Miami homes for $173.4 million


Google co-founder and billionaire Larry Page has solidified his move out of the Golden State, as he reportedly purchased two Miami-area homes for a combined $173.4 million.

People familiar with the situation exclusively told the Wall Street Journal that Page paid $101.5 million in December for a waterfront, compound-like property that was the previous home of the late restaurateur Jonathan Lewis. Then, on Jan. 5, he bought a nearby home for $71.9 million from heiress Sloan Lindemann Barnett and her husband.

The Journal also cited sources who said Page’s Google counterpart, Sergey Brin, is in discussions about a Miami home purchase.

“When a billion-dollar-level buyer makes a move like this, it tells you everything you need to know: Miami is the upgrade. It’s both a lifestyle play and a financial strategy,” Douglas Elliman’s Dina Goldentayer told Fox News Digital.

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“Billionaires from California and New York are done with high taxes and heavy regulation. They want privacy, efficiency and freedom,” she continued. “Miami gives them all of that, plus world-class living. Deals like this just reinforce that Miami is the place high-net-worth individuals choose when they want it all.”

Aerial view of Miami's Coconut Grove and Larry Page

Google co-founder Larry Page has reportedly bought two ultra-luxury properties in Miami’s Coconut Grove neighborhood. (Getty Images)

The buys back up Page’s recent exit from California, as the clock ticks on the state’s billionaires who may soon be facing a proposed wealth tax.

Public filings reviewed by Fox News Digital earlier this week from the California Secretary of State’s office show several business entities linked to Page were moved out of the state in December, ahead of the Jan. 1, 2026, residency date tied to the proposed tax.

Those filings indicate his family office, Koop LLC, and his influenza research fund, Flu Lab LLC, no longer operate in California, while a flying-car venture, One Aero, now lists its primary address in Florida.

While the initiative has not yet qualified for the November 2026 ballot, the proposal — backed by the Service Employees International Union–United Healthcare Workers West — would impose a one-time 5% tax on the net worth of California residents worth more than $1 billion.

Since the proposed legislation was announced in October, ONE Sotheby’s International Realty saw a 19% increase in web traffic from California, top South Florida agent Michael Martinez told Fox News Digital.

“I’m seeing continued inbound interest from California and the Northeast, with buyers asking for privacy, security and turnkey…



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