Ultrawealthy individuals, including tech titans Larry Ellison and Mark Zuckerberg, are purchasing adjacent properties not for personal use, but to house their household staff. This strategy allows them to keep employees like tutors and security personnel close by while maintaining privacy. These acquisitions are often conducted through LLCs and trusts to ensure anonymity, reflecting a broader trend of 'stealth wealth' among the richest buyers. AI
RANK_REASON This article discusses a trend among the ultrawealthy regarding real estate and staff management, citing examples of prominent figures, but does not announce a new product, research, or policy.
- Boynton Beach
- DeLeon Realty
- Larry Ellison
- Manalapan Township
- Mar-a-Lago
- Mark Zuckerberg
- Meta*
- New York Times
- oracle
- Palm Beach
- Palm Beach Daily News
- Palo Alto
- The Wall Street Journal
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