Skip to content
Tech News
← Back to articles

Jeff Bezos Owns $234 Million Worth of Property on This Island. But Even He Can’t Get Into Its Exclusive Country Club.

read original more articles
Why This Matters

This story highlights the exclusivity and social dynamics of billionaire enclaves, illustrating that even wealth does not guarantee entry into certain elite social clubs. It underscores the ongoing barriers to social mobility within the ultra-rich, emphasizing that status and connections often matter more than financial investment alone. For consumers and industry watchers, it reveals the persistent allure and exclusivity of private luxury communities as symbols of wealth and influence.

Key Takeaways

Opinions expressed by Entrepreneur contributors are their own.

Listen to this post

Jeff Bezos owns three properties on Indian Creek, the private Miami island so packed with the mega rich it’s nicknamed the Billionaire Bunker. He’s spent about $234 million acquiring the properties, but the island’s exclusive country club has still not accepted him as a member. Bezos has attended parties and made small talk with longtime members, but still nothing, according to the Wall Street Journal.

He’s not the only one getting the stiff arm. Jared Kushner and Ivanka Trump, Mark Zuckerberg, and the Qatari royal family all own property on the island. None of them are club members either. The roughly 350-member club charges close to $1 million to join, plus about $44,000 a year in dues, and admission runs through a six-person membership committee and a 15-member board led by former AutoNation CEO Mike Jackson.

Some newcomers get in easily — Jersey Mike’s founder Peter Cancro and Tom Brady both joined without much trouble. Others don’t. Goldman Sachs CEO David Solomon faced a member-organized petition to keep him out before ultimately securing membership. A plastic surgeon who spent four years trying to join eventually gave up and sold his unfinished estate. Zuckerberg bought it for $170 million.