The Wealthy Neighbors of Mar-A-Lago

Palm Beach, USASun Jan 19 2025
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Palm Beach, Florida, is once again in the spotlight due to Donald Trump's return. The exclusive town has always been a magnet for the rich and famous, from mining magnates to fashion designers. Let's take a look at some of the billionaires and celebrities who call Mar-A-Lago their neighborhood. It's no surprise that world-class businesspeople like Ken Griffin and Gina Rinehart have set up homes near the former president. Rinehart, Australia's richest person, shelled out $66 million for a mansion close by. And Griffin, a billionaire hedge fund titan, has been snapping up properties to assemble a massive estate. But it's not just about old money. Trump's ties with new faces like Elon Musk and Steve Wynn show how his influence spans across industries. Musk's presence at Mar-A-Lago on election night was a signal of this new friendship. The arrival of political figures and their supporters also indicates the power of the presidency. Houses in Palm Beach have been in high demand, with prices soaring. This has led to tension among residents, with some embracing the political buzz and others grumbling about road closures and security sweeps. But it's not all about politics. The town's allure lies in its sunny weather, sandy beaches, and low taxes. Palm Beach has been a magnet for notables like the Vanderbilts and the Kennedys for over a century. The recent influx of top donors and Trump's allies only adds to the town's rich history. This mix of billionaires, celebrities, and political figures makes Palm Beach a unique place. Whether they are fans of Trump or not, they all share one thing in common: they are part of the exclusive Mar-A-Lago neighborhood.