Take a look inside Miami's top 3 elite schools where billionaires send their kids

Ransom Everglades is one of the top private schools in North America. Bloomberg/Getty Images Miami is experiencing a billionaire boom, with wealthy individuals and companies relocating there. Coconut Grove is very popular because of the schools, a real-estate broker told Business Insider. Ransom Everglades School and Gulliver Preparatory School have state-of-the-art facilities. Miami's billionaire boom has pushed up housing prices — and intensified competition for the city's elite schools . State-of-the-art facilities, strong athletics, and impressive college matriculation lists are just some of the features that define Miami's most expensive schools. Michael Light, Miami-based luxury real estate broker and founder of The Light Group at Douglas Elliman, told Business Insider that a lot of families won't commit to a property until their child is accepted into a school. "A lot of these titans of industry are moving to South Florida, bringing their employees with them.