Jeff Bezos Makes 'Emotional' Move from Seattle to Miami. Here's Why the Billionaire Is Relocating. Amazon's founder has called Seattle home since 1994.

By Madeline Garfinkle

Amazon founder Jeff Bezos is relocating from his longtime home in Seattle to the beachside city of Miami.

In an Instagram post on Thursday, Bezos shared the news alongside a video from the Seattle garage where he established Amazon almost 30 years ago.

"As exciting as the move is, it's an emotional decision for me," Bezos wrote. "Seattle, you will always have a piece of my heart."

The tech billionaire says he's moving to be closer to his parents and the Cape Canaveral operations of Blue Origin LLC, Bezo's space exploration company.

Last month, Bezos purchased a seven-bedroom mansion in Miami for $79 million located next door to his other Miami mansion, a 2.8-acre home, which Bezos purchased in August for $68 million. Both homes sit in Indian Creek, a man-made barrier island in the Miami area known as the "Billionaire Bunker."

Along with his new Miami home — or homes? — Bezos has properties in Washington, D.C., New York City, Los Angeles, and Maui, along with a 300,000-acre ranch in Texas, which serves as the base for Blue Origin's New Shepard rocket launch site.

Indian Creek in Miami, Florida. Jeffrey Greenberg/Universal Images Group | Getty Images.

As the world's third richest person, Bezos boasts a net worth of $161 billion, according to the Bloomberg Billionaires Index.

Bezos' announcement came on the same day that the FTC released a new, less-redacted lawsuit against Amazon, revealing new details about the accusations against the tech giant, including claims that Bezos "directly ordered" the advertising team to intentionally inundate its search results with irrelevant "defect" ads as a means to "drive up Amazon's advertising profits."

However, Amazon has refuted the accusations.

"The claim that Amazon leadership directed employees to accept more advertising defects that would degrade the customer experience is grossly misleading and taken out of context," Tim Doyle, an Amazon spokesman, told Entrepreneur.

Related: Jeff Bezos Lost $5 Billion in 1 Day After Amazon FTC Lawsuit News

Madeline Garfinkle

Entrepreneur Staff

News Writer

Madeline Garfinkle is a News Writer at She is a graduate from Syracuse University, and received an MFA from Columbia University. 

Editor's Pick

Related Topics

Business Plans

She Wrote An 'Escape Plan' to Quit Her Job and Move to an Island. Now She's There Generating Nearly $300,000 A Year

"My detailed, step-by-step plan on how I would quit my job and move to a Caribbean island."

Business Plans

How You Can Use the 80/20 Rule to Unlock Success and Maximize Your Impact

Our success is determined by where we focus our efforts.

Business News

Google Is Mass Deleting Accounts This Week — Here's How To Make Sure Yours Is Safe

The company is reportedly removing inactive accounts on December 1.

Science & Technology

Police Issue Warning About iPhone's 'NameDrop' Feature

How to safely manage the iPhone's latest feature and understand how the technology works.

Business Ideas

55 Small Business Ideas to Start in 2023

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2023.