Howard Schultz joins Miami’s billionaire migration — and it matters | Opinion

Howard Schultz, the chairman emeritus and former CEO of coffee chain Starbucks, announced that he and his wife have moved to Miami

Miami-Dade County is welcoming another billionaire, and I am excited about what this means for South Florida.

Former Starbucks CEO Howard Schultz announced this week that he and his wife are moving from Seattle to Surfside, paying $44 million for a penthouse at the Surf Club, according to the Wall Street Journal. In a LinkedIn post, Schultz wrote that they’ve moved to Miami for “our next adventure together.”

Schultz joins a growing list of billionaires who are trading the West Coast for South Florida living. Meta CEO Mark Zuckerberg recently purchased a $170 million home in Indian Creek, the exclusive island off Miami Beach. Jeff Bezos, Ken Griffin and Peter Thiel have all made similar moves.

Source: Adapted from: https://www.miamiherald.com/
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