Investment

Jeff Bezos moving from Seattle to Miami — and his two new mansions there

1 Mins read

After nearly 30 years in Seattle, Amazon.com Inc. founder Jeff Bezos is moving to Miami.

In an Instagram post Thursday night, the billionaire said he’s moving to Florida to be closer to his aging parents and to the Cape Canaveral, Fla., operations of his space company, Blue Origin.

“I’ve lived in Seattle longer than I’ve lived anywhere else and have so many amazing memories here,” Bezos said. “As exciting as the move is, it’s an emotional decision for me. Seattle, you will always have a piece of my heart.”

Last month, Bezos, 59, bought a $79 million, seven-bedroom mansion on a private island in Biscayne Bay, two months after buying the house next door for $68 million. He has other homes too, including ones in Washington, Manhattan and Maui.

Along with Microsoft Corp.
MSFT,
+0.65%
co-founders Bill Gates and Paul Allen, Bezos helped build Seattle into a globally renowned tech hub. Bezos founded Amazon
AMZN,
+0.78%
in 1994, out of his garage in the Seattle suburb of Bellevue, Wash.

Bezos currently ranks as the world’s third-richest individual, according to the Bloomberg Billionaires Index, with a fortune of about $161 billion.



Read the full article here

Related posts
Investment

Is Magnificent 7 Momentum Setting Investors Up for Disappointment?

1 Mins read
The Magnificent Seven stocks have experienced remarkable earnings and free-cash-flow growth in recent years, all while developing the next generation of technological…
Investment

This fund manager stopped worrying about economics. Now he is outperforming the stock market.

4 Mins read
A change in strategy has helped transform the GoodHaven Fund from a long-term underperformer into an outperformer since the end of 2019….
Investment

After 34 years, Japan’s Nikkei 225 completes a roundtrip

2 Mins read
The Nikkei 225 — an oddly constructed index covering the top 225 Japanese companies — is back at levels not reached since…
Get The Latest News

Subscribe to get the top fintech and
finance news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *