Howard Schultz: From Seattle Brews to Florida Views

The erstwhile chief executive of Starbucks, Howard Schultz, and his spouse revealed their move to Florida to commence their “retirement phase,” departing Washington state after approximately five decades.

Schultz conveyed this information through a post on LinkedIn, detailing the journey he, his spouse Sheri, and their golden retriever Jonas undertook, relocating from New York City to Seattle over four decades prior.

“A fresh chapter of life was commencing for us,” Schultz penned, remembering that Sheri would serve as their principal breadwinner while he embarked on a new role “at an establishment known as Starbucks” in September of 1982.

Subsequently, Schultz ascended to the role of the coffee enterprise’s chief executive, occupying the post from 1986 to 2000, again from 2008 to 2017, and as its temporary CEO from 2022 to 2023.

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“Our life philosophy—encompassing business, charitable endeavors, and crucially, our family unit—has always been founded upon the principle of moving ahead,” Schultz penned. “For individuals familiar with us, we have now embarked on the ‘post-career’ stage of our existence. (An expression to which we are both merely adjusting.)”

The erstwhile chief executive of Starbucks, Howard Schultz, provides testimony regarding the corporation’s employment and collective bargaining procedures at a Senate Committee on Health, Education, Labor and Pensions session on Capitol Hill in Washington, D.C., on March 29, 2023. (SAUL LOEB/AFP via Getty Images)

Schultz further mentioned that he and Sheri relocated to Miami, where they revel in the abundant sun and proximity to their progeny along the East Coast as those children establish their own households.

“We shall eternally cherish the recollections forged in Seattle and the connections cultivated throughout our time there,” Schultz conveyed. “Our sincere appreciation goes out to the family, friends, and collaborators who rendered Seattle our abode for numerous years.”

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Schultz’s approximate financial valuation stands at $3.5 billion, as reported by Forbes.

The announcement of Schultz’s relocation to Florida follows by one week Starbucks’ declaration of establishing a new corporate facility in Nashville.

Individuals stroll past a Starbucks coffee establishment in Manhattan, New York, on January 15, 2025. (Mostafa Bassim/Anadolu via Getty Images)

These two disclosures surface as Washington state endeavors to enact a levy colloquially known as the “millionaires’ tax,” designed to levy a 9.9% income impost on families whose yearly earnings exceed $1 million annually.

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The legislative body of Washington State’s House of Representatives approved the contentious measure by a ballot count of 51 to 46. The legislation now requires endorsement from the State Senate prior to its enactment by Democratic Governor Bob Ferguson.