Billionaires Treat Miami Private Schools Like Rolexes: Must Have First
KEY POINTS
- •Miami’s billionaire boom has driven wealthy families to relocate, intensifying competition for elite private schools.
- •Coconut Grove has become the hotspot for purchases thanks to prestigious schools like Ransom Everglades and Gulliver Prep.
- •Tuition ranges from $36,400 at Gulliver Prep’s preschool to $57,300 at Ransom Everglades, with millions distributed in financial aid.
Miami’s private school scene is now a billionaire VIP club, with titans like Citadel’s Ken Griffin and Google sorcerer Larry Page buying houses in Coconut Grove just to snag spots for their mini me’s. Gulliver Prep, founded in 1926, asks for teacher recs and $56,100 tuition for the older kids, while doling out $15.2 million in financial aid like Oprah throwing cash. Ransom Everglades, a 1903 relic with a $57,300 price tag, boasts a $45 million humanities center that’s basically an Ivy-dream mansion. Luxury broker Michael Light claims parents won’t buy a house until junior gets in—because who needs a house when you can flex a school transcript?
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(1 of 3)When billionaires move to Miami, the biggest flex isn’t the mansion—it’s underwater basket weaving practice schedules at Gulliver Prep.
Some families treat school acceptance like lottery scratchers, except Miami billionaires need a mansion deposit letter first.
Miami’s elite private schools are basically Gucci stores for rich kids who watch sports instead of shoplifting.
Source: Businessinsider | Published: 8/19/2026 | Author: Roya Shahidi
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