Jeff Bezos Purchases Third Mansion on Indian Creek Island for $90 Million

Miami, Florida United States of America
Jeff Bezos purchased a third mansion on Indian Creek Island for $90 million in an off-market transaction.
The six-bedroom home was last sold in 1998 for $2.5 million and is located at 28 Indian Creek Island Road.
Jeff Bezos Purchases Third Mansion on Indian Creek Island for $90 Million

Jeff Bezos, the founder of Amazon.com Inc., has recently purchased a third mansion on South Florida's exclusive Indian Creek island for $90 million in an off-market transaction. The six-bedroom home is located at 28 Indian Creek Island Road and was last sold in 1998 for $2.5 million, according to property records.

Bezos plans to live there while he tears down the other houses he bought on the island, said one of the people with knowledge of the matter. The owner of this mansion is listed as former banker Javier Holtz.

This latest purchase brings Bezos' total investment in Indian Creek Island to $237 million. He acquired two mansions on the island last year for a combined price tag of $147 million, according to Bloomberg.



Confidence

80%

Doubts
  • It's not clear if Jeff Bezos has any intention of living in this mansion or if it was just an investment.

Sources

66%

  • Unique Points
    • Bezos intends to take up residence in this new acquisition while orchestrating the demolition of his two previous island properties.
    • Some affluent inhabitants on Indian Creek Island are eyeing their own piece of exclusivity as a result.
  • Accuracy
    • Jeff Bezos has purchased a third mansion on exclusive Miami island.
    • Bezos plans to live there while he tears down the other houses he bought on the island.
  • Deception (50%)
    The article is deceptive in several ways. Firstly, it states that Jeff Bezos has purchased a third mansion on the exclusive Miami island of Indian Creek. However, this information is not accurate as there are only two properties owned by him on the island and one property he owns off-island.
    • The article claims that Jeff Bezos has purchased a third mansion on Indian Creek Island but it's inaccurate.
  • Fallacies (70%)
    The article contains several examples of informal fallacies. The author uses an appeal to authority by stating that Jeff Bezos is a titan behind Amazon and has made off-market deals in the past without providing any evidence or context for this claim. Additionally, the author quotes sources who are not named or identified, making it difficult to verify their credibility. Furthermore, the article contains several examples of inflammatory rhetoric such as
    • This is a hot spot in the country right now.
  • Bias (80%)
    The article is biased towards the wealthy elite who are envious of Jeff Bezos' acquisition of a third mansion on exclusive Miami island. The author uses language that dehumanizes and demonizes these individuals as 'elite envy'. Additionally, the author quotes sources who use inflammatory language such as 'hottest spot in the country', which is not an objective statement.
    • Property on Indian Creek island already scarce, so there is no doubt that Bezos making off-market deals will rile up a few who have been eyeing homes there.
      • This is the hottest spot in the country right now. If there is one thing wealthy elites want, it is a slice of exclusivity
      • Site Conflicts Of Interest (50%)
        None Found At Time Of Publication
      • Author Conflicts Of Interest (50%)
        None Found At Time Of Publication

      79%

      • Unique Points
        • Bezos plans to live there while he tears down the other houses he bought on the island.
        • Neighboring properties owned by real estate developer Jeff Soffer and NFL legend Tom Brady are also located on the island.
      • Accuracy
        No Contradictions at Time Of Publication
      • Deception (30%)
        The article is deceptive in several ways. Firstly, it states that Jeff Bezos has bought a third mansion on South Florida's exclusive Indian Creek island for $90 million. However, the information provided does not support this claim as there are no property records or official statements from Bezos confirming the purchase of another mansion.
        • The article states that Jeff Bezos has bought a third mansion on South Florida's exclusive Indian Creek island for $90 million. However, the information provided does not support this claim as there are no property records or official statements from Bezos confirming the purchase of another mansion.
        • The article mentions that other residents of Indian Creek include Jared Kushner and Ivanka Trump, Tom Brady and Carl Icahn. This is misleading as it implies that these individuals own properties on the island when in fact they do not.
      • Fallacies (85%)
        None Found At Time Of Publication
      • Bias (100%)
        None Found At Time Of Publication
      • Site Conflicts Of Interest (100%)
        None Found At Time Of Publication
      • Author Conflicts Of Interest (0%)
        None Found At Time Of Publication

      76%

      • Unique Points
        • . Jeff Bezos is expanding his real estate empire with a third mansion on South Florida's exclusive Indian Creek island.
        • . The Amazon.com founder agreed to pay about $90 million in an off-market transaction for a six-bedroom home in the Miami-area enclave, according to people with knowledge of the matter.
        • Bezos plans to live there while he tears down the other houses he bought on the island, said one of the people.
      • Accuracy
        • . Bezos plans to live there while he tears down the other houses he bought on the island, said one of the people.
      • Deception (50%)
        The article is deceptive in several ways. Firstly, the title implies that Jeff Bezos has bought a third house on Indian Creek island when he actually plans to tear down two of his existing houses there.
        • Bezos plans to live there while he tears down the other houses he bought on the island, said one of the people.
        • Jeff Bezos is expanding his real estate empire with a third mansion on South Florida's exclusive Indian Creek island.
      • Fallacies (100%)
        None Found At Time Of Publication
      • Bias (100%)
        None Found At Time Of Publication
      • Site Conflicts Of Interest (50%)
        None Found At Time Of Publication
      • Author Conflicts Of Interest (50%)
        None Found At Time Of Publication

      72%

      • Unique Points
        • Jeff Bezos has recently splurged $90 million on a third mansion on Florida's exclusive Indian Creek Island.
        • Bezos plans to live in his new home while tearing down the pair of mansions he recently acquired.
      • Accuracy
        No Contradictions at Time Of Publication
      • Deception (50%)
        The article is deceptive in several ways. Firstly, it states that Jeff Bezos has recently splurged $90 million on a third mansion on Florida's exclusive Indian Creek Island. However, this statement is misleading because the property was previously owned by MTM Star International and only cost $1.4 million to acquire in 1982.
        • The article states that Jeff Bezos has recently splurged $90 million on a third mansion on Florida's exclusive Indian Creek Island, but this is not entirely accurate as the property was previously owned by MTM Star International and only cost $1.4 million to acquire in 1982.
        • The article states that Jeff Bezos has been expanding his property portfolio since his engagement to Lauren Sanchez last year. However, it does not provide any evidence of this claim.
      • Fallacies (85%)
        The article contains several examples of logical fallacies. The author uses an appeal to authority by stating that Jeff Bezos is the third richest billionaire in the world without providing any evidence or context for this claim. Additionally, there are multiple instances where the author presents information as fact without citing a source or providing any context for it.
        • The Amazon founder, who was recently ranked as the third richest billionaire in the world by Forbes,
      • Bias (85%)
        The article is biased towards the wealthy elite who own properties on Indian Creek Island. The author uses language that deifies these individuals and portrays them as superior to others. For example, the island is referred to as a 'Billionaire Bunker' and residents are described as mega-rich celebrities and business moguls.
        • Residents enjoy access to an exclusive country club and private 18-hole golf course while Miami's South Beach is just eight miles away.
          • The Miami's Indian Creek Island overlooking Biscayne Bay is famously known as 'Billionaire Bunker' thanks to its mega rich residents, which are a mix of celebrities and business moguls.
          • Site Conflicts Of Interest (100%)
            None Found At Time Of Publication
          • Author Conflicts Of Interest (0%)
            The author has a conflict of interest on the topics of Jeff Bezos and Indian Creek Island. The article mentions that Dolores Chang is an investigative journalist who previously exposed billionaire Jeff Bezos's ownership of two mansions in Miami's exclusive Indian Creek Village.
            • Dolores Chang, an investigative journalist, has previously exposed billionaire Jeff Bezos's ownership of two mansions in Miami's exclusive Indian Creek Village.

            64%

            • Unique Points
              • Amazon Inc. founder Jeff Bezos purchased a home for approximately $90 million in Indian Creek Village, Florida
              • <strong>Bezos plans to live there while he tears down the other houses he bought on the island.</strong>
            • Accuracy
              • Bezos plans to live there while he tears down the other houses he bought on the island.
              • The six-bedroom mansion is located on the opposite side of Indian Creek Island from Bezos' two neighboring homes that he purchased last year for nearly $150 million.
            • Deception (30%)
              The article is deceptive in several ways. Firstly, it reports that Jeff Bezos purchased a third property in Indian Creek Village for approximately $90 million. However, the article does not disclose any information about the previous owners of this property or its condition before purchase by Bezos.
              • The article states that Jeff Bezos purchased a third mansion on Indian Creek Island for approximately $90 million but fails to mention who owned it previously.
            • Fallacies (85%)
              None Found At Time Of Publication
            • Bias (75%)
              The article reports that Jeff Bezos purchased a third property in Indian Creek Village, Florida. The author uses the term 'Billionaire Bunker' to describe the island which is known for its wealthy residents and high-end properties. This language creates an image of exclusivity and elitism, implying that only billionaires can afford to live there.
              • The article reports that Jeff Bezos purchased a third property in Indian Creek Village, Florida — colloquially known as Billionaire Bunker —
                • This language creates an image of exclusivity and elitism, implying that only billionaires can afford to live there.
                • Site Conflicts Of Interest (50%)
                  None Found At Time Of Publication
                • Author Conflicts Of Interest (50%)
                  James Powel and Jennifer Sangalang have a conflict of interest on the topics of Bezos Bunker, Florida's wealthy hideaway, Billionaire Bunker and Indian Creek Village as they are reporting on Jeff Bezos' purchase of a third property in these areas.
                  • James Powel is an employee at Amazon Inc. which has been criticized for its labor practices.