Ex-Starbucks CEO ditches Seattle for Miami as Dems move to impose 'millionaires' tax'
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By Taylor Herzlich
Published on March 11, 2026.
Former Starbucks CEO, Howard Schultz, has announced he is moving from Seattle to Miami, where he has lived for 44 years. The move comes as Washington Democrats are pushing for a 9.9% tax on household income over $1 million. Schultz, who is worth about $3.5 billion, made no mention of the proposal in his LinkedIn post, but expressed his hope that Washington would remain a place for business and entrepreneurship to thrive. The couple's private family office will relocate to Miami but their charitable foundation will maintain operations in Seattle.
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