Palm Beach, Florida, once a sleepy enclave of old money dynasties, is now attracting a new wave of wealthy transplants from New York and California. The influx of hedge fund titans, tech entrepreneurs, and real estate speculators has transformed the social order of the town. The real estate surge, driven in part by the presence of President Trump, has tripled prices in four years. The nightlife scene has also expanded, with trendy new hotspots popping up in West Palm Beach. The changing landscape has sparked a divide between the old-timer socialites and the newcomers, but many believe the town will become more interesting as a result.