Overview
- The Starbucks founder said his private family office will move to Miami and that he and his wife have relocated to Florida.
- His LinkedIn post followed a 52–46 Washington House vote to advance a roughly 9.9% tax on annual personal income above $1 million.
- Schultz did not mention the tax in his statement, though news outlets and commentators highlighted the timing.
- He said the Schultz Family Foundation will continue operating in Seattle under the leadership of Vivek Varma.
- Starbucks plans to open a corporate office in Nashville later this year while keeping its headquarters in Seattle, with Tennessee Governor Bill Lee welcoming the expansion.