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The Latest Breaking News from Howard Schultz

The tax escape map: Billionaires are bolting for Florida from the West Coast and taking some $29 billion in tax revenue with them

Driven partly by proposed wealth taxes, some of America’s richest people have poured hundreds of millions of dollars into waterfront Florida real estate.

Fortune

The Seattle Storm used to be the ‘tail’ on the ‘dog’ of its NBA counterpart. Now the WNBA team is leading the city’s basketball revival

“It's the Sonics and the Storm; it's the Storm and the Sonics,” team co-owner Ginny Gilder said. “It's bread and butter, apple pie and vanilla ice cream. They belong together.”

Fortune

The tax escape map: Billionaires are bolting for Florida from the West Coast and taking billions in tax revenue with them

Driven partly by proposed wealth taxes, some of America’s richest people have poured millions into waterfront Florida real estate.

Fortune

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Washington state’s ‘historic’ millionaire tax takes aim at super-rich – will it succeed?

As living costs rise, the state where Gates and Bezos made billions is targeting top earners – could other states follow?

The Guardian - US

NBA expansion explained: teams in Vegas and Seattle, LeBron’s role and hungry billionaires

The NBA’s board of governors voted to move forward with the cities as targets for its first expansion since 2004. Here’s what it means for the future of the league

The Guardian - US

Washington State Just Passed a 9.9% Income Tax on Those Making $1 Million

The new tax “is probably one of the biggest changes in Washington state political history since our founding,” says one state representative.

Reason

After 93 years and a 25-hour filibuster, Washington finally has an income tax, and billionaires are already packing their bags

Howard Schultz is heading to Miami. Jeff Bezos left in 2023. Now Washington's new 9.9% millionaires tax is testing whether the state's wealthiest residents see their home as more than a line on a tax return.

Fortune

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Starbucks' Howard Schultz moved to Seattle 44 years ago with his wife, dog, and not much else. Here's how he built his $6.6 billion fortune

Schultz also just announced his move from Seattle to Miami.

Fortune

Starbucks Founder to Flee Washington With $3.5B Fortune After State Passes Millionaires Tax

The founder of Starbucks announced he was moving to Florida just as Washington state Democrats voted to create the state's first income tax, targeting those who make more than $1 million a year.

International Business Times

Starbucks Billionaire Howard Schultz Leaves Seattle for Florida the Same Day Democrats Pass Income Tax Bill

Starbucks founder Howard Schultz decided to move to Miami from Seattle after Democrats passed an income tax bill for Washington to levy a 9.9% tax on households earnings $1 million annually.

International Business Times UK

Billionaire Starbucks former CEO moves to Florida after 40 years in Washington following 'millionaire tax': 'Retirement phase'

Howard Schultz, the billionaire former chief executive of Starbucks, announced that he and his wife have moved from their longtime home in Seattle, Washington, where they lived for 40 years, to Miami, Florida.

The Times of India

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

Former Starbucks CEO Howard Schultz is the latest of many millionaires and billionaires leaving states after implementing a 'millionaires' tax.

Barchart

Tim Cook says late Apple cofounder Steve Jobs gave him this unforgettable advice before handing over the reins as CEO: ‘Never ask what I would do’

Apple CEO Tim Cook says the advice from Steve Jobs was a “gift” in leading the $3.83 trillion tech giant: “I just put my head down and thought, ‘I’m going to be the best version of myself.”

Fortune

How Much Is Starbucks’ Former CEO Howard Schultz’s Social Security Check?

Starbucks' former CEO Howard Schultz has $3.5 billion but still qualifies for Social Security. Here's the maximum benefit he could collect monthly.

GOBankingRates

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The Guardian - US

‘We’re not going anywhere’: how unionization ‘whirlwind’ set stage for historic Starbucks strike

Four years after workers at a Starbucks store in upstate New York became the first to unionize, hundreds of outlets followed – defying intense resistance from the coffee chain. What happened next?

The Guardian - US

‘No contract, no coffee’: what to know about the Starbucks workers’ strike in 65 US cities

More than 2,000 Starbucks employees are on the picket line as politicians like Zohran Mamdani back striking workers

Clever Dude

7 Male Legends Who Built Fortune From Nothing

Everyone loves a great rags-to-riches story. Stories of people who start with very little and go on to build massive fortunes spark our imagination and inspire us to pursue our own goals. These legends show that with determination, smart decisions, and a bit of luck, it’s possible to change your…

Fortune

Airbnb CEO Brian Chesky challenges founders with a critical question if they aspire to emulate his success

Brian Chesky says that before chasing the dream of building the next Airbnb, aspiring entrepreneurs must answer one critical question—and the best answer he’s ever heard is: "Because if I don't do it, no one else will."

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Fortune

Like Jeff Bezos and Howard Schultz, Chess.com's cofounder says people doubted his vision—with a 225 million-user empire, he's now having the last laugh

Cofounder of Chess.com says he was “laughed out of VC rooms who said that chess would never be anything.”

Benzinga

Brewing Up A Comeback–Starbucks CEO Brian Niccol's Turnaround Plan Includes Centering Communities And Building Value

Many investors and financial observers regard Starbucks (NASDAQ: SBUX) as one of the great American success stories of the last 50 years. In 1977, Howard Schultz opened the first Starbucks in Seattle. A few decades later, Starbucks had hundreds of locations nationwide and had become an essential "third place" where…

Benzinga

Magic Johnson's Toughest Opponent Wasn't Larry Bird Or Michael Jordan—It Was The Starbucks Board

NBA Hall-of-Famer Earvin "Magic" Johnson beat a lot of top competition on his way to winning five NBA championships. With that in mind, it may surprise you that despite staring down fellow greats like Larry Bird and Michael Jordan, Johnson doesn't consider either of them his toughest opponent. Johnson said…

Sports Illustrated

Shaq, Charles Barkley Jokingly Take Sides in NFL Reporter Brouhaha at Starbucks

Shaq and Chuck are ready to square up.

Fortune

Starbucks new CEO says betting on mobile, drive through orders was a mistake

Starbucks’ new CEO, Brian Niccol, says: “I think we got confused that mobile ordering could solve the entire business.”

The Independent UK

Starbucks plans to overhaul menu by cutting 30 percent of food and drink items

The coffee giant recently reported a four percent global sales loss

Fortune

4 iconic U.S. companies are in stormy waters—2 CEOs are possibly lost at sea, while 2 may be piloting safely to shore

Four heads of iconic U.S. enterprises face turbulent, inherited challenges with elevated investor anxiety in 2025.

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People

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