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Palantir’s CEO Is Buyer of $46 Million Miami Mansion

Hibiscus East LLC bought a nearly 10,000-square-foot mansion for $46 million in June, preceding Palantir's Miami HQ move amid Florida's tax advantages.

Palantir Technologies Inc.’s chief executive Alex Karp bought a Miami mansion in June, seven months before the firm’s surprise announcement to move its headquarters to the city, according to a person familiar with the matter.

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Several months before Palantir moved its headquarters to Miami, an entity linked to the company's billionaire CEO, Alex Karp, settled in the city.In June, Hibiscus East LLC purchased a house in San Marino Drive in Miami for $46 million, according to property records.Like several other properties in Karp, the LLC is registered in Delaware. It is connected to a law office in Manchester, New Hampshire, and to an accounting office in Bedford, New Ha…

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Business Insider broke the news in United States on Thursday, March 12, 2026.
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