{"id":21617,"date":"2026-03-12T03:57:16","date_gmt":"2026-03-12T03:57:16","guid":{"rendered":"https:\/\/nationalgunowner.org\/index.php\/2026\/03\/12\/starbucks-founder-howard-schultz-is-latest-billionaire-to-move-to-florida\/"},"modified":"2026-03-12T03:57:16","modified_gmt":"2026-03-12T03:57:16","slug":"starbucks-founder-howard-schultz-is-latest-billionaire-to-move-to-florida","status":"publish","type":"post","link":"https:\/\/nationalgunowner.org\/index.php\/2026\/03\/12\/starbucks-founder-howard-schultz-is-latest-billionaire-to-move-to-florida\/","title":{"rendered":"Starbucks Founder Howard Schultz Is Latest Billionaire To Move To Florida"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div style=\"position:relative\" data-narration-container=\"true\">\n<p><span style=\"font-weight:400\">Starbucks founder Howard Schultz joins the growing list of billionaires moving to Florida \u2014 a move that is quickly becoming a trend. In past two months alone, Meta CEO Mark Zuckerberg, Google CEO Sergey Brin, former Google CEO Larry Page, and now Howard Schultz have announced their migration to Miami.\u00a0<\/span><\/p>\n<p><span style=\"font-weight:400\">Schultz has lived in Seattle since 1979, where he built Starbucks into a global brand. The billionaire says he\u2019s making the move in order to pursue his next adventure. <\/span><\/p>\n<p><span style=\"font-weight:400\">\u201cWe [Schultz and his wife, Sheri Schultz] have moved to Miami for our next adventure together. We are enjoying the sunshine of South Florida and its allure to our kids on the East Coast as they raise families of their own,\u201d he explained.<\/span><\/p>\n<p><span style=\"font-weight:400\">After 44 years in Seattle, Schultz \u2014 worth $6.6 billion \u2014 will settle into a <\/span><a href=\"https:\/\/www.forbes.com\/sites\/maryroeloffs\/2026\/03\/11\/starbucks-billionaire-howard-schultz-paid-44-million-for-florida-penthouse\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight:400\">$44 million penthouse<\/span><\/a><span style=\"font-weight:400\"> at the Surf Club, Four Seasons Private Residences in Surfside, about fifteen miles from Miami. The five bedroom penthouse is 5,500 square feet and has a rooftop terrace. While his nonprofit, the Schultz Family Foundation, will remain in Seattle, his family office will relocate with him.\u00a0<\/span><\/p>\n<p><span style=\"font-weight:400\">Schultz\u2019s announced his decision on the same day that the Washington State House of Representatives approved a new millionaire tax. The measure passed 52-46 on Wednesday and advanced to the Senate. If it passes, Washington will lose its status as one of the nine states without an income tax. The legislation would impose\u00a0 a 9.9% tax on income for earners making above $1 million. Washington policymakers argue that only <\/span><a href=\"https:\/\/www.forbes.com\/sites\/nathangoldman\/2026\/03\/11\/washingtons-99-millionaire-tax-raises-fears-of-wealthy-exodus\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight:400\">0.5%<\/span><\/a><span style=\"font-weight:400\"> of tax payers would be subject to the new levy.\u00a0<\/span><\/p>\n<p><span style=\"font-weight:400\">State Rep. Ed Orcutt, one of the 46 legislators who voted against the bill <a href=\"https:\/\/edorcutt.houserepublicans.wa.gov\/2026\/01\/21\/rep-ed-orcutt-explains-why-he-opposes-a-new-state-income-tax\/\" target=\"_blank\" rel=\"noopener\">said<\/a>, \u201cThe problem is overspending. There is no tax or combination of taxes that can keep up with a legislature that continually overspends revenue.\u201d<\/span><\/p>\n<p>Schultz did not mention the tax in his announcement, much like Amazon CEO Jeff Bezos did not mention the Washington State <a href=\"https:\/\/www.theguardian.com\/technology\/2024\/feb\/13\/jeff-bezos-florida-taxes#:~:text=But%20on%20Tuesday%20the%20financial%20news%20network,stocks%20or%20bonds%20of%20more%20than%20$250%2C000.\" target=\"_blank\" rel=\"noopener\">7%<\/a> capital gains tax \u2014 on sales of stocks and bonds exceeding $250,000 \u2014 when he decided in 2023 to leave Seattle for Miami. Like Schultz, Bezos cited only personal reasons.<\/p>\n<p>In recent years, a growing number of CEOS have relocated from blue to red states. But while Schultz is moving to a red state, his political views lean left. In 2019, during a media tour for a potential 2020 Presidential run, Schultz said, \u201cI should be paying more taxes. And more people who make this kind of revenue, and are of means, should be paying more taxes.\u201d<\/p>\n<p>That same night, Schultz also said, \u201cNo one wants to see him [Donald Trump] fired more than me.\u201d<\/p>\n<p>Starbucks is also relocating to the south \u2014 and to a red state as well. <span style=\"font-weight:400\">The company announced the move to Nashville, Tennessee, in the beginning of March describing it as part of a broader plan to expand across North America and \u201cestablish a strategic presence in the Southeast region of the United States.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight:400\">Justin Owen, the President &amp; CEO of the think tank, Beacon Center of Tennessee, welcomed the decision.\u00a0<\/span><\/p>\n<p><span style=\"font-weight:400\">\u201cWe welcome all businesses to the free state of Tennessee. We encourage them to remember and embrace why they came here: our low tax, low regulation, pro-worker freedom environment,\u201d Owen said.\u00a0<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.dailywire.com\/news\/starbucks-founder-howard-schultz-is-latest-billionaire-to-move-to-florida\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Starbucks founder Howard Schultz joins the growing list of billionaires moving to Florida \u2014 a move that is quickly becoming a trend. In past two months alone, Meta CEO Mark Zuckerberg, Google CEO Sergey Brin, former Google CEO Larry Page, and now Howard Schultz have announced their migration to Miami.\u00a0 Schultz has lived in Seattle [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21618,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-21617","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-current-news"},"_links":{"self":[{"href":"https:\/\/nationalgunowner.org\/index.php\/wp-json\/wp\/v2\/posts\/21617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalgunowner.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalgunowner.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalgunowner.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalgunowner.org\/index.php\/wp-json\/wp\/v2\/comments?post=21617"}],"version-history":[{"count":0,"href":"https:\/\/nationalgunowner.org\/index.php\/wp-json\/wp\/v2\/posts\/21617\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalgunowner.org\/index.php\/wp-json\/wp\/v2\/media\/21618"}],"wp:attachment":[{"href":"https:\/\/nationalgunowner.org\/index.php\/wp-json\/wp\/v2\/media?parent=21617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalgunowner.org\/index.php\/wp-json\/wp\/v2\/categories?post=21617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalgunowner.org\/index.php\/wp-json\/wp\/v2\/tags?post=21617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}