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GOBankingRates
GOBankingRates
Andrew Lisa

Jeff Bezos’ Move to Florida: A $1 Billion Tax Savings Lesson for High Earners

Jeff Bezos Florida Amazon capital gains
Matt Baron / BEI

In 2023, Jeff Bezos posted a nostalgic Instagram video from his pre-super-yacht days in Amazon’s first makeshift home office in Seattle in 1994. It was the backdrop for an announcement that he was moving from Amazon’s birth city to new digs in Florida, purportedly to be closer to his parents in Miami.

Discover More: If Bezos’ Wealth Was Evenly Distributed Across the US, How Much Would We Get?

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