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Caleb Naysmith

Former Starbucks CEO Howard Schultz Announces Move to Miami Same Day as Washington Passes New Millionaires Tax

Howard Schultz Starbucks Washington D.C. Miami Seattle

Former Starbucks (SBUX) CEO Howard Schultz announced on LinkedIn that he and his wife Sheri have moved from Seattle to Miami, marking the end of a more than four-decade chapter in Washington State. The announcement came just hours after Washington lawmakers approved a controversial new “millionaires tax,” fueling speculation that the timing may not be coincidental.

In a reflective post Tuesday, Schultz described the move as the next step in retirement after building Starbucks from a small Seattle coffee retailer into one of the most recognizable global brands.

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