Yes, billionaires are moving to Florida. But that’s not the full story.

Yes, billionaires are moving to Florida.

But that’s not the full story.

Our deep dive into Forbes data (2001–2025) reveals:

• Florida’s billionaire population grew 20x — from just 6 in 2001 to 119 today.
• But California and New York aren’t losing billionaires — they’re gaining too.
• Texas? Growing, but falling behind in market share.

The bigger picture isn’t migration, it’s expansion.

America’s billionaire population exploded from 128 to 906 in two decades. Florida’s rise is part of a broader story of extreme wealth spreading, not simply shifting.

What’s driving Florida’s surge?

✅ Tax incentives

✅ Lifestyle appeal

✅ Retiree wealth preservation

✅ Traditional finance, real estate, and sports—not crypto

Read the full story:

https://www.datapulse.de/en/billionaires-exodus/