Billionaire Migration: Real Estate Titan Richard Cohen Acquires $20MM Residence at Four Seasons Surfside

Jessica Shein By Apr 21, 2026 Posted in Uncategorized Share

SURFSIDE, FL — April 21, 2026 — In a transaction highlighting the continual and massive migration of capital to South Florida, real estate investor Richard Cohen has closed on a $20 million residence at the prestigious Four Seasons Private Residences at The Surf Club in Surfside, which he intends to make his homestead property.

Mansfield, Bronstein & Stone, LLP, represented Cohen. The purchase emphasizes a seismic economic trend: the exodus of ultra-high-net-worth individuals from high-tax jurisdictions to Florida’s pro-growth, zero-income-tax environment.

“This transaction underscores why the Four Seasons at The Surf Club remains one of the most coveted addresses in the world,” said Ronnie Bronstein, Esq., Managing Partner at Mansfield, Bronstein & Stone, LLP. “We are proud to have facilitated this transaction as South Florida continues its ascent as the nation’s premier destination for wealth and luxury living.”

Cohen’s acquisition follows a string of high-profile moves to the property, including former Starbucks chief Howard Schultz, who recently listed a $44 million penthouse at the same address. This concentration of corporate titans has transformed the Four Seasons Surfside into what media outlets have dubbed the ultimate ‘retirement’ and wealth sanctuary for the elite.

“What we are seeing is a historic shift in the economic geography of the United States,” said world-renowned economist and the Father of Supply-Side Economics, Dr. Arthur Laffer. “Capital goes where it is welcome and stays where it is well-treated. When you look at the movement of billionaires to Florida, it’s about the freedom to preserve and deploy capital without the suffocating burden of punitive taxation. Florida has become the national blueprint for prosperity and growth through its continuation of reduced taxes including state income taxes of zero percent (0%).”

The residence offers an expansive footprint designed for both high-level entertaining and exclusive private escape.

Residents of the Four Seasons Private Residences at The Surf Club enjoy access to an unparalleled suite of services and amenities that seamlessly blend the privacy of a home with the hospitality of a global five-star brand. This lifestyle includes exclusive private membership to the historic Surf Club and its curated social calendar, as well as comprehensive wellness and recreation facilities featuring four heated swimming pools, a state-of-the-art fitness center, and a world-class holistic spa. Residents also benefit from elite on-site culinary experiences, most notably the Michelin-starred Surf Club Restaurant by Thomas Keller, all supported by 24-hour dedicated Four Seasons residential concierge, valet, and security services.