Jeff Bezos is leaving the city where it all started for him.
The founder of Amazon announced on Instagram that he is moving from Seattle, where he has lived since 1994, to Miami. He explained that his parents had recently moved to Florida, where he and his family lived when he was young, and that he wanted to be closer to them.
“I’ve lived in Seattle longer than anywhere else and I have so many amazing memories here,” Bezos wrote. “As exciting as moving is, it’s an emotional decision for me. Seattle, you will always have a piece of my heart. ”
A retro video attached to an Instagram post shows Bezos visiting Amazon’s first “office,” a garage, in Bellevue, Washington. This three-bedroom house was sold a few years ago for $1.5 million.
Amazon flourished in the state and has become one of the largest companies in the world. The company is headquartered near Seattle, where it has more than 55,000 employees.
Another factor, Bezos said, is his space exploration company Blue Origin. “Its operations are increasingly shifting to Cape Canaveral,” which is three hours north of Miami.
“I want to be closer to my parents, and Lauren and I love Miami,” Bezos added, noting his fiancee Lauren Sánchez, who works closely with him in aid projects.
“We are very good teammates, and we are very happy together,” Sánchez told CNN in November 2022.
The couple recently purchased a neighboring mansion for an estimated $144 million in Biscayne Bay, Bloomberg reports. The place is called the “Billionaire Bunker” and includes residents such as investor Carl Icahn and NFL star Tom Brady.
Unlike the measure upheld by the Washington Supreme Court, Florida has no capital gains tax, including Bezos who regularly sells Amazon shares.