Beachfront properties along South Ocean Boulevard in Palm Beach County.
Photographer: Marco Bello/Bloomberg
Million-Dollar Tax Bills Pile Up After Palm Beach Wealth Boom
Ken Griffin has made his mark throughout South Florida, shaping politics, luring businesses and amassing luxury real estate. In Palm Beach, he’s also picked up a particular distinction: a property-tax bill exceeding $10 million.
It’s a tiny sliver of the Citadel CEO’s $48 billion fortune. But it makes him the Palm Beach homeowner with the largest property-tax assessment, at a time when the enclave has seen its coffers swell after a pandemic-fueled wealth boom.