In the #News #Economy #Politics - Flight of Capital From California
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Flight of Capital From California
Mark Zuckerberg has reportedly joined the wave of high-profile tech leaders relocating from California to Florida, purchasing property in the ultra-exclusive Indian Creek Village—often dubbed the “billionaire bunker.” The private island enclave near Miami is known for its waterfront estates, tight security, and wealthy residents, including hedge fund managers and celebrities.
Zuckerberg’s move reflects a broader trend of business leaders leaving Silicon Valley for states like Florida that offer lower taxes, fewer regulations, and a growing tech presence. The shift underscores changing dynamics in the U.S. tech industry, as remote work and evolving economic priorities reshape where top executives choose to live and invest.
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Source: http://www.edegrootinsights.com/2026/02/in-news-economy-politics-flight-of.html
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