Jeff Bezos, who started Amazon in 1994 out of his garage in Seattle and invested billions of dollars to turn the city into a tech hub, said on Thursday that he was moving to Miami from his thirty-year residence.
On Thursday night, Mr. Bezos, 59, made his announcement via an Instagram post.
He said that he wanted to be nearer to both his partner, Lauren Sanchez, and his parents, who had recently returned to Miami, the city where he completed his high school education.
He added that another reason was the growing relocation of Blue Origin, his rocket company’s operations, to Cape Canaveral, Florida, which is located on the state’s Atlantic coast and is slightly over 200 miles north of Miami via road.
Over time, Amazon has transformed into a massive online retailer, contributing billions of dollars to Seattle’s economy and changing the city’s image worldwide.
In 2021, it will be the largest retailer outside of China.
Regulators and employees, however, have taken issue with Amazon’s corporate strategies and labor policies.