Jeff Bezos continues to be the richest man of the US state he relocated 3 yrs ago
Jeff Bezos remains the wealthiest billionaire in Florida, with his net worth increasing to $378 billion since his move from Seattle in 2023. The article discusses his reasons for relocating, including proximity to family and the expansion of his space company, Blue Origin.
Why it matters
The migration of high-net-worth individuals between states has significant economic implications for tax bases and regional business development.
Amazon founder Jeff Bezos remains the richest billionaire in Florida nearly three years after he moved to the state from Seattle. Forbes’ recently updated list of the 400 richest people in America ranks Jeff Bezos No. 2 overall, behind Tesla and SpaceX co-founder Elon Musk. Bezos’ estimated net worth has also jumped sharply over the past year, rising from $241 billion to $378 billion, according to Forbes. Notably, Florida is the state that billionaires are reportedly fleeing California to escape a crippling tax hike. Jeff Bezos moved to Miami in 2023 after nearly three decades in Seattle, Washington. He said he wanted to be closer to his parents, who had moved back to Florida, while also pointing to the growing role of his space company Blue Origin in Florida.Jacksonville Jaguars owner Shad Khan is another major billionaire in Florida. With a net worth of $16.5 billion, he ranks No.
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