Miami is becoming more than a sunny city for wealthy people.

Miami is becoming more than a sunny city for wealthy people. A wave of billionaires moving toward Miami and Palm Beach shows how wealth can reshape local economies, real estate, culture, and even the identity of a city. For some people, this looks like growth. For others, it raises questions about housing, inequality, and who gets to belong in places that suddenly become global wealth magnets. Luxury real estate is never only about houses. It is also about power moving from one place to another.