Larry Page builds $188 mn real estate empire in Florida

Larry Page, who helped start Google, has bought a lot of expensive houses in Florida.

He spent about $188 million on big, fancy homes near the water in Miami.

This is part of a bigger trend where very rich people are moving from California to Florida.

One reason is that California might start taxing billionaires more.

Florida doesn't have a state income tax, which makes it attractive for wealthy people like Larry Page.

Other rich people, like Jeff Bezos, have also bought homes in Florida.