Starbucks founder Howard Schultz moves to Florida
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15hon MSN
Howard Schultz joins 'Billionaire Bunker' residents Zuckerberg and Bezos in move to Florida
Several tech execs have relocated to the Sunshine State. And many of them moved within the last few months. Now it’s the Starbucks chieftain’s turn.
The former Starbucks CEO announced the move on the same day Washington's House passed a millionaire's tax.
Howard Schultz reportedly paid $44 million for a penthouse at the Four Seasons Private Residences in Surfside.
The former CEO and early backer of Starbucks has revealed that he will be departing from Washington in favor of Florida, hours after the state’s lawmakers advanced a tax bill targeting residents earning over $1 million a year.
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million. As families work to rebuild their lives after tornadoes touched down in the Chicago area and northwest Indiana on Tuesday,