NYC Wealth Exodus Brings Investors, Hedge Funds, and Moguls Tommy Hifiger, Tom Ford to Palm Beach

Hello from Palm Beach,

The rumors are true - Florida is getting hot this season, and not just temperatures wise - Palm Beach, identified by Forbes as Florida's billionaire hub, is now the ultimate magnet for investors who grab every beachfront mansion they can get their hands on.

Here are recent news:

• Flipper’s paradise: Ultra-rich score on Palm Beach sales

• NYC Wealth Exodus Drives Billionaire’s Bet on South Florida Boom

• Tommy Hilfiger Flipping Palm Beach Mansion Less Than Three Weeks After Buying It

• Real estate investor sells Palm Beach house for $35M

• Tom Ford revealed as buyer of $51M Palm Beach estate

• Stephen Ross' Plan to Develop the Biggest office Tower in West palm Beach

• Investor bulks up with $22M Delray Beach mansion

• Hedge funder buys new Palm Beach townhouse for $12M

• George Michael house in Palm Beach up for sale with $15m guide