Google co-founder Larry Page wasn’t satisfied after spending a combined $173 million on two waterfront estates in Miami’s Coconut Grove.
Page added to his assemblage with a nearly $15 million purchase of the house at 3320 Devon Road, which abuts one of the properties, records show.
Carlos M. Perdomo-Ferrer and Maria Silva Coll sold the 6,355-square-foot house to Banyan Canopy Revocable Trust. It’s the same trust that acquired Banyan Ridge, 4.5-acre waterfront compound at 3585 Anchorage Way, for $101.5 million
The seller was the estate of the late Jonathan Lewis, who was a prominent Miami restaurateur and LGBT advocate.
Page also purchased the 10,400-square-foot, seven-bedroom and eight-bathroom home at 3085 Munroe Drive for $71.9 million sale. Shaklee Corp. CEO Roger Barnett and his wife, journalist Sloan Barnett, sold the house.
The latest deal brings Page’s spending — so far — to about $188 million. He may be buying more homes in the same cul-de-sac.
Page and other billionaires’ recent moves to South Florida are propelled by a proposed 5 percent wealth tax in California. It also helps that Florida lacks an income tax and is a business-friendly state.
Page also moved his business entities to Florida, state records show.
The region is already home to a number of uber wealthy billionaires, who include Amazon founder Jeff Bezos, PayPal co-founder Peter Thiel and hedge funder Ken Griffin.
Fellow Google co-founder Sergey Brin, who was also shopping for a Miami abode, made an offer to buy a waterfront house in Miami Beach for about $50 million, sources previously told The Real Deal. The property is LVMH Americas Chairman & CEO Michael Burke’s Allison Island home.
Read more
