Page, Brin, Ellison, Thiel, Sacks — and now, Zuckerberg.

Meta CEO Mark Zuckerberg is the latest California billionaire heading for Florida, snapping up a massive waterfront mansion in Miami’s exclusive “Billionaire Bunker,” as Golden State lawmakers push a proposed 5% tax on the ultra-wealthy.

Zuckerberg and his wife, Priscilla Chan, are buying a newly built mansion on Indian Creek, one of the area’s most expensive enclaves. The deal has not been confirmed as closed, sources with knowledge of the transaction told The Wall Street Journal, but neighbors said Zuckerberg plans to move in by April — signaling a relocation rather than a vacation home.

“People like Zuckerberg plan three moves ahead. That billionaire tax chatter has a lot of Palo Alto owners doing real math. If you’re staring at a potential 5% hit tied to net worth, Florida becomes a business decision. And Indian Creek is the clearest signal you’re serious, because it’s built for privacy and control,” Troy Dean Home CEO Troy Ippolito told Fox News Digital in reaction.

PETER THIEL DONATES $3M TO GROUP FIGHTING PROPOSED CALIFORNIA BILLIONAIRE TAX

“This is a loud signal that South Florida is a primary market now. When someone at Zuckerberg’s level buys here, it changes buyer psychology overnight,” he continued. “If that tax actually moves forward, you’ll see the impact first at the very top, because there’s so little true trophy inventory.”

Priscilla Chan and Mark Zuckerberg at the WSJ. Magazine 2025 Innovator Awards held at The Museum of Modern Art on October 29, 2025, in New York, New York. (Getty Images)

The nearly 2-acre property is estimated to be worth $150 million to $200 million, based on comparable sales, and the reported seller is a limited liability company tied to Jersey Mike’s Subs founder Peter Cancro.

Cancro cashed out big in 2024 when he sold a majority stake in Jersey Mike’s to Blackstone for $8 billion, including debt. His home sale to Zuckerberg was off-market, a common move for ultra-wealthy buyers seeking privacy.

Aerial views of the property show that it sits across Biscayne Bay and features a private dock, wraparound terraces, lush landscaping, a waterfront pool, charming blue shutters and other elaborate amenities. The estate joins Zuckerberg’s already extensive real estate portfolio in places like Lake Tahoe and Palo Alto in California, and Kauai, Hawaii.

“It’s one entrance, tightly controlled, and only about 41 homes. You’re minutes from Miami, but it feels isolated. If you’re a global name, and you want a truly private backyard, this is as close as it gets,” Ippolito said.

Meta did not immediately respond to Fox News Digital’s request for confirmation or comment.

Some of Zuckerberg’s new neighbors on Indian Creek include Jeff Bezos, Tom Brady, Carl Icahn, Ivanka Trump and Jared Kushner, David Guetta, Julio Iglesias, Jaime Gilinski and Edward Lampert.

Zuckerberg’s move comes on the heels of other notable, longtime California-based billionaires who have solidified residency in South Florida in response to a proposed California wealth tax.

Though the initiative has not yet received the required 875,000 signatures to qualify for the November ballot, the proposal — backed by the Service Employees International Union–United Healthcare Workers West — would impose a one-time 5% tax on the net worth of California residents with assets exceeding $1 billion.

The tax would be due in 2027, and taxpayers could spread payments over five years, with additional costs, according to the California Legislative Analyst’s Office.

If voters approve the measure, anyone who was a California resident on Jan. 1, 2026, would owe the tax, according to the proposal’s language.

Many South Florida real estate agents have told Fox News Digital that since the new year, a fresh wave of buyer interest has flooded in from California, with increased calls and broker website traffic.

“There’s a few other very big founders and also tech giants and also venture capitalist firms, the heads of which I’ve also moved here,” luxury real estate broker Julian Johnston of The Corcoran Group previously said. “It was always a layover, one night, an event, but Miami’s changed a lot in the last 10 years. It’s culturally more interesting… They said they were quite happy to move here and then see what happens in the next few years.”

GET FOX BUSINESS ON THE GO BY CLICKING HERE

“One client said, ‘You know, this could be like a $5 billion tax for me,’” he recalled. “So they’re moving because of that.”

“Florida feels predictable. You have a clearer tax picture, fewer hurdles, and a much easier day-to-day,” Ippolito weighed in. “A lot of buyers feel like California treats them like a target. Florida treats them like they belong here.”

READ MORE FROM FOX BUSINESS

This article was written by

Follow

The government has also retained an oversubscription option to sell an additional 6.96 crore shares, equivalent to 2% equity, which would take the total potential divestment to 17.41 crore shares, or 5% of the company’s equity capital, if fully exercised.

The shares will be sold through a separate, designated OFS window on the BSE and NSE.

The OFS will take place during trading hours on Wednesday, commencing at 9:15 am and will close at 3:30 pm.

At the given floor price, the government will raise Rs 2,653 crore on divestment of 3% equity while the amount will go up to Rs 4,422 crore if the oversubscription option is exercised.

Live Events

BHEL shares today ended at Rs 275.90m gaining Rs 1.25 or 0.46% over the previous closing price.
BHEL reported a sharp turnaround in its December-quarter performance, with net profit more than tripling on the back of higher execution and operating leverage. The state-owned engineering major posted a net profit of Rs 382 crore for the third quarter ended December 2025, compared with Rs 125 crore in the same period last year, marking a 206% year-on-year jump.Revenue from operations rose 16% YoY to Rs 8,473 crore from Rs 7,277 crore a year earlier, reflecting improved project execution and a stronger order pipeline. Total income for the quarter, including other income, stood at Rs 8,700 crore, up from Rs 7,393 crore in the year-ago period.

On the cost side, total expenses rose to Rs 8,188 crore from Rs 7,224 crore in the year-ago quarter. The cost of materials and services increased to Rs 6,059 crore, while employee benefit expenses edged up marginally to Rs 1,531 crore. Finance costs declined sequentially to Rs 182 crore from Rs 195 crore in the September quarter, which provided additional support to profitability.

Dave & Busters is offering people the chance to score a diamond engagement ring by participating in a “Human Crane” game at certain locations this Valentine’s Day. 

Based on videos of the ride available online, it is a twist on the classic game in which players attempt to use a claw to try to pick up prizes. But in this case, players themselves act as the claw and grab prize items from the pit.

Taking a shot at playing to win a ring costs money.

WAFFLE HOUSE BRINGS BACK CANDLELIT VALENTINE’S DINNERS AS COUPLES SEEK BUDGET-FRIENDLY OPTIONS

A Dave & Buster’s restaurant on June 10, 2025, in Austin, Texas. (Brandon Bell/Getty Images)

“The Human Crane is the brand’s full-body arcade experience that turns guests into the action by lowering them into a pit of oversized prizes where they can grab an iconic prize,” the company noted, explaining that “Human Crane” rides start at $20 per person.

“The brand is transforming its viral Human Crane into a one-of-a-kind engagement moment by placing five $15,000, 3-carat diamond engagement rings designed by Platinum Days inside the game at select stores for couples that are ready to take their relationship to the next level,” the company declared in a press release.

LAST-MINUTE VALENTINE’S DAY GIFTS THAT ARE SURE TO IMPRESS – FLOWERS, JEWELRY, SWEETS AND MORE

An oval cut diamond engagement ring (Education Images/Universal Images Group via Getty Images)

The company noted that the actual rings will not be in the game itself, but will be awarded to players later.

“In five (5) select stores, guests will have an opportunity to win an engagement ring from human crane ride (in Times Square/NYC and W. Nyack, NY and Los Angeles/Hollywood, Carlsbad and Folsom, CA stores only),” the company noted. 

“Must be at least 18 years old to win and redeem ring. Actual ring will not be in human crane,” the business explained. 

12 LAST-CHANCE VALENTINE’S DAY GIFTS FOR ANYONE WHO LOVES TO BUILD AND CREATE THINGS

A Dave & Buster’s in the Gateway Center in the Brooklyn borough of New York on March 30, 2024. (Bing Guan/Bloomberg via Getty Images)

GET FOX BUSINESS ON THE GO BY CLICKING HERE

“Winner must enter contact information into QR code to redeem. Winner will be contacted by 2/17 with prize fulfillment information. Ring size, quality, and value has no minimum and may vary by location. Ring may not be traded for cash or other consideration. Rings will be sent to winners at a future date,” the company added.

Robots have long been portrayed as advanced, man-made technological creations designed to support and enhance human capabilities. As robotics becomes increasingly globalized, it is rapidly moving toward mainstream adoption across multiple industries. Today, enterprises worldwide are implementing robotics in industrial, healthcare, and commercial applications. While robotics has experienced periods of slow adoption, it has steadily secured a strong position in the digital and industrial landscape.

When discussing robotic applications, the industrial sector stands out as a primary beneficiary. Over the years, robots have become more affordable, intelligent, and productive. Industries such as agriculture, construction, warehousing, logistics, and customer service increasingly rely on robotic systems. By investing in robotics, enterprises can solve operational problems with greater accuracy and efficiency while closing productivity gaps that human labor alone cannot fill.

As time progresses, technological advancements continue to reshape robotics. These developments act as catalysts for enterprise growth and productivity. However, before implementing robotics, organizations must evaluate certain key parameters to ensure successful adoption.

Key Parameters to Consider Before Implementing Robotics

Customization Based on User Needs

Previously, robots required extensive training and highly skilled operators, making them accessible primarily to large enterprises. Smaller businesses often lacked the resources to invest in such systems. Today, advances in robotics have lowered this barrier significantly. With intuitive interfaces, IoT connectivity, and wireless controls, robots can now be programmed through task demonstrations rather than complex coding. A wide range of robots is available to handle multitasking, allowing enterprises to select solutions tailored to their specific industrial needs.

Easy Compatibility

Unlike traditional large-scale industrial robots, collaborative robots (cobots) are designed to work safely alongside human workers. Earlier, assigning specialized manpower to repetitive tasks was costly and inefficient. Cobots resolve this issue by assisting employees directly. Their compact design and flexible deployment make them particularly valuable for enterprises seeking efficiency without major infrastructure changes.

Simplified Development and Programming

In the past, programming robots was difficult due to incompatibility between hardware and user interfaces. Today, the Robot Operating System (ROS) has become a dominant framework in the robotics industry. As an open-source platform, ROS enables developers to program and reprogram robots efficiently across different hardware setups. This flexibility has accelerated innovation and adoption across industries.

Expanding Applications of Robotics

The 21st century is defined by rapid technological adoption across sectors. While most industries have already been disrupted by technology, robotics continues to expand rather than stagnate. In recent years, both robotic capabilities and their real-world applications have grown significantly. Below are key areas where robotics is transforming enterprises.

Supporting Enterprises Through Robotics

Cobots: Assisting Human Workers

Collaborative robots are specifically designed to work with employees rather than replace them. Their compact size, safety features, and affordability make them especially beneficial for small and medium-sized enterprises (SMEs). Unlike traditional industrial robots, which prioritize speed and scale but pose safety risks, cobots operate as service robots, reducing workplace hazards and employee strain.

To qualify as service robots, cobots must meet strict standards related to safety, compatibility, ease of control, and processing speed. Currently, cobots are widely used for machine tending, packaging, and material handling. Beyond industrial environments, they are also deployed in agriculture, healthcare facilities, laboratories, and hospitals, often under robot-as-a-service business models.

Cloud Robotics

Cloud robotics represents a shift toward robots that rely less on local programming and more on shared intelligence. Instead of being manually programmed for each task, robots can access task-specific code and data from the cloud. Through machine learning and deep learning, robots can analyze environments, identify problems, and propose solutions in real time.

As robots share data with centralized cloud systems, knowledge gained by one robot can benefit others. Functions such as vision processing, object recognition, lifting, and navigation can be collectively improved across networks. This shared intelligence allows enterprises — both large and small — to manage complex data more efficiently while accelerating robotic learning and performance.

Hefestus Food Automation for Ground Meat Packaging

The Hefestus food automation machine streamlines ground meat packaging through precision dosing, hygienic handling, and consistent sealing. Designed for high-volume food production, it reduces labor dependency while improving speed and accuracy. Automated portion control minimizes waste and ensures compliance with food safety and quality standards.

Conclusion

With continuous advancements, robotics is rapidly approaching new performance and intelligence thresholds. This era of robotics is unlikely to stagnate, as innovation continues to accelerate rather than plateau. Enterprises must adapt quickly to remain competitive. Robotics is no longer limited to warehouses or factory floors — it is becoming integral to everyday enterprise operations. The future points toward increasingly robot-driven industries, and the time to adopt is now.