Current:Home > StocksJeff Bezos, after founding Amazon in a Seattle garage three decades ago, packs his bags for Miami -WealthEdge Academy
Jeff Bezos, after founding Amazon in a Seattle garage three decades ago, packs his bags for Miami
View
Date:2025-04-14 17:22:22
NEW YORK (AP) — Jeff Bezos is leaving 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! (6131)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Dodgers on the ropes after Clayton Kershaw gets rocked in worst outing of his career
- Georgia officers say suspect tried to run over deputy before he was shot in arm and run off the road
- Western Michigan house fire kills 2 children while adult, 1 child escape from burning home
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Heidi Klum and Daughter Leni Klum Step Out in Style to Celebrate New Lingerie Ad Campaign
- Dodgers on the ropes after Clayton Kershaw gets rocked in worst outing of his career
- 49ers prove Cowboys aren't in their class as legitimate contenders
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- What we know about the Hamas attack on Israel, and Israel's response in Gaza
Ranking
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Coast Guard: 3 rescued from capsized vessel off New Jersey coast
- 6 Ecuadorian suspects in presidential candidate's assassination killed in prison, officials say
- Inexplicable, self-inflicted loss puts Miami, Mario Cristobal at top of Misery Index
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Israel intensifies Gaza strikes and battles to repel Hamas, with over 1,100 dead in fighting so far
- Israeli hostage crisis in Hamas-ruled Gaza becomes a political trap for Netanyahu
- Americans reported $2.7 billion in losses from scams on social media, FTC says
Recommendation
Travis Hunter, the 2
WNBA Finals Game 1 recap: Las Vegas Aces near title repeat with win over New York Liberty
49ers prove Cowboys aren't in their class as legitimate contenders
WNBA star Candace Parker 'nervous' to reintroduce herself in new documentary: 'It's scary'
New data highlights 'achievement gap' for students in the US
Paris Hilton Shares Update on Her and Carter Reum's Future Family Plans
Gal Gadot supports Israel amid Palestinian conflict, Bruno Mars cancels Tel Aviv show
Miami could have taken a knee to beat Georgia Tech. Instead, Hurricanes ran, fumbled and lost.