Top Tech Giants That Made the Move to Miami in 2021

December 29, 2021

A slew of new technology executives and investors have relocated or acquired houses in Miami during 2021. This is of no surprise with the growing tech industry, cryptocurrency evolution, and just better benefits/housing opportunities for companies/execs emerging in the Miami area.

Here are the top 10 big tech execs that have made their way to Miami in 2021:

• Co-founder of Paypal, Peter Thiel recently purchased 2 Miami mansions for a total of $18 million in Miami Beach. Thiel is also the co-founder of Founders Fund who recently leased office space in Wynwood.
• General partner for Bling Capital, Benjamin Ling purchased a mansion on Palm Island for $28 million.
• CEO of Goody, Edward Lando purchased a $15.1 million mansion on the Venetian Islands. Not only did he purchase on the Venetian Islands but he did purchase a Miami Beach home in April for $3.3 million.
• CEO of PKWARE, Spencer Kupferman purchased a waterfront mansion in Bay Harbor Islands for $12.75 million in September.
• Former CEO of Paypal, Bill Harris relocated to Wynwood where he launched Nirvana Technology in 2021.
• CEO of SeedInvest, Ryan Feit moved to Miami shortly after he opened an office for this company in Miami.
• Co-Founder of Oracle, Larry Ellison bought a mansion in North Palm Beach after Oracle downsized and relocated to South Florida.
• CEO of Teal, David Fano moved his corporate headquarters from New York to Miami in February 2021.
• Co-Founder of Spectrum Labs, Justin Davis moved to South Florida after Spectrum’s headquarters moved from San Francisco to Miami even though they are still allowing their company’s employees to work remotely.
• TechCrunch Founder, Jack Arrington purchased a home in Coral Gables for $16 million in the Old Cutler Bay neighborhood.

Miami is not only the ideal location for techies but for the Month of November, Miami was considered one of the most popular U.S. destinations to relocate to. This is the fourth month in a row that Miami is leading the nation and you can bet, that it will continue to be the go-to city.