Current:Home > FinanceTrendPulse|Jeff Bezos, after founding Amazon in a Seattle garage three decades ago, packs his bags for Miami -WealthMindset Learning
TrendPulse|Jeff Bezos, after founding Amazon in a Seattle garage three decades ago, packs his bags for Miami
PredictIQ Quantitative Think Tank Center View
Date:2025-04-07 05:43:46
NEW YORK (AP) — Jeff Bezos is TrendPulseleaving Seattle, where the billionaire founded Amazon out of a garage nearly three decades ago.
In a Thursday night Instagram post, the 59-year-old Bezos announced plans to return to Miami — where he spent his high school years — to be closer to his parents and his partner, Lauren Sánchez.
Bezos stepped down as the CEO of Amazon, still based in Seattle, almost three years ago and said in his social media post that operations for his rocket company, Blue Origin, are “increasingly shifting” to Cape Canaveral. Miami is about 200 miles south of Cape Canaveral.
“As exciting as the move is, it’s an emotional decision for me,” Bezos wrote Thursday, noting that he’s lived in Seattle longer than he’s lived anywhere else.
Seattle has been Bezos’ home since 1994, when he started Amazon out of his garage. Thursday’s Instagram post includes a brief video tour led by Bezos of Amazon’s first, humble office, with his father behind the camera.
“It doesn’t take long to tour the offices of Amazon-dot-com Inc,” a young Bezos says in the video, pointing to his desk, a fax machine, and a long orange extension cord that was needed to supply the room with additional power.
Bezos, one of the wealthiest people in the world today, has lavish properties in Miami, which has already attracted some other big names in tech over recent years. Last month, Bloomberg News reported that Bezos had purchased a mansion in South Florida’s “Billionaire Bunker” for $79 million, just two months after buying a neighboring estate for $68 million.
Both mansions are in Indian Creek, an exclusive man-made barrier island in Miami. Celebrity neighbors include Tom Brady, Ivanka Trump and her husband, Jared Kushner.
Bezos stepped down as CEO of Amazon in early 2021, citing the desire to devote more time to philanthropy and other projects. But Bezos still has broad influence over Amazon as executive chair and the company’s biggest shareholder.
veryGood! (3852)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Cutting food waste would lower emissions, but so far only one state has done it
- Mazda, Toyota, Harley-Davidson, GM among 224,000 vehicles recalled: Check car recalls here
- Shawn Mendes Shares Update on Camila Cabello Relationship After Brutal Public Split
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Pete Rose, baseball’s banned hits leader, has died at age 83
- Conyers fire: Shelter-in-place still in effect after chemical fire at pool cleaning plant
- Texas can no longer investigate alleged cases of vote harvesting, federal judge says
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Reveal Old Navy’s Mystery Deals & Save 60% – Score $18 Jeans, $4 Tank Tops, $10 Leggings & More
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- Many small businesses teeter as costs stay high while sales drop
- The Daily Money: Port strike could cause havoc
- Cutting food waste would lower emissions, but so far only one state has done it
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Starliner astronauts welcome Crew-9 team, and their ride home, to the space station
- Beyoncé strips down with Levi's for new collab: See the cheeky ad
- Did 'SNL' mock Chappell Roan for harassment concerns? Controversial sketch sparks debate
Recommendation
A South Texas lawmaker’s 15
Chiefs WR trade options: Could Rashee Rice's injury prompt look at replacements?
Breyers to pay $8.85 million to settle 'natural vanilla' ice cream dispute
Rebel Wilson and Ramona Agruma marry in Italy
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
‘Sing Sing’ actor exonerated of murder after nearly 24 years in prison
2024 NBA Media Day: Live updates, highlights and how to watch
Tyler Cameron’s Girlfriend Tate Madden Shares Peek Inside Their Romance