Ken Griffin and Jeff Bezos helped make Miami a billionaire magnet—but Florida’s new $250,000 homestead exemption barely makes a dent for them

From Fortune 5 Nov 2026, 08:03 UTC 1 min read

A middle-class homeowner and the owner of a $50 million mansion could save about the same $2,000 a year under Florida’s new property tax cut. Only one of them will notice.

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Ken Griffin and Jeff Bezos helped make Miami a billionaire magnet—but Florida’s new $250,000 homestead exemption barely makes a dent for them

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