Jeff Bezos is adding a waterfront mansion in Florida to his rapidly expanding real estate empire.
The Amazon.com Inc. founder, and the world’s third-richest person, agreed to pay $68 million for an estate in Indian Creek, a man-made barrier island in the larger Miami area, according to a person with knowledge of the matter.
The 2.8-acre (1.1 hectare) three-bedroom property, built in 1965, was previously owned by MTM Star International, a company with ties to Panama. Public records show the sale took place in June, but the identity of the final buyer was undisclosed. Prior to that, the last recorded sale was in 1982 for $1.4 million.
Read the full story on Bloomberg here.