Howard Schultz is the latest billionaire to ditch the West Coast for Miami

Howard Schultz, the former Starbucks CEO, has moved to Florida after 40 years in Washington, becoming the latest billionaire to ditch the West Coast for Miami, a trend that includes other Big Tech executives following the passage of a 'millionaire tax' in Washington.

11 Mar, 15:45 — 11 Mar, 21:48

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Why this matters

The relocation of high-profile business figures like Howard Schultz from states with higher taxes to those with lower taxes, like Florida, highlights ongoing debates about wealth distribution, state tax policies, and their impact on economic migration. This trend can influence state revenues, local economies, and political landscapes.

Key entitiesHoward Schultz Starbucks Miami Seattle Florida

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What 3 sources agree on, dispute, and miss

What sources agree on

Howard Schultz, former Starbucks CEO, is moving from Seattle to Miami
Schultz is the latest billionaire to relocate to Florida

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Howard Schultz is moving from Seattle to Miami

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Schultz's move follows 40 years in Washington

The Story

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marketwatchMostly Factual26d ago

As Starbucks’ Howard Schultz heads to Miami, here’s a list of other billionaire business leaders moving to Florida

A few Big Tech execs have also headed to the Sunshine State in recent months

By Weston Blasi

Read full article →

Business InsiderMostly Factual26d ago