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Luxury “landmaxxing”: The billionaire push for private compounds
Summary by The Miami Editorial Desk The Real Deal
· July 15, 2026
· 1 min read
Photo: The Real Deal · view original
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Summary created by The Miami Editorial Desk — automated, rule-governed Published by The Real Deal Original story Read at the source Source published Jul 15, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points Griffin has invested heavily in South Florida, spending over $450 million to assemble a 27-acre compound in Palm Beach. His total land holdings in the region, from Miami to Palm Beach, have cost more than $1 billion.
In the ultra-luxury market, a trend has emerged where wealthy individuals buy up adjacent properties to create private compounds. This practice, known as "landmaxxing," has been gaining traction this year. Some notable business leaders are driving this trend, including Citadel billionaire Ken Griffin.
Griffin has invested heavily in South Florida, spending over $450 million to assemble a 27-acre compound in Palm Beach. His total land holdings in the region, from Miami to Palm Beach, have cost more than $1 billion. Further details on this luxury real estate trend are available from The Real Deal, which originally reported on the story.
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Category: arts Published: July 15, 2026 Source: The Real Deal Reading time: 1 min
Frequently asked about this story
What is this story about? In the ultra-luxury market, a trend has emerged where wealthy individuals buy up adjacent properties to create private compounds. This practice, known as "landmaxxing," has been gaining traction this…
When was this published? This article was first published on July 15, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
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