Summary: Amazon founder Jeff Bezos caused a stir when he recently announced that he and his fiancée Lauren Sanchez would be moving to Miami. The move marks a significant shift as Bezos leaves behind a massive Seattle real estate portfolio closely associated with Amazon’s success. While Bezos has expressed his emotional attachment to Seattle, reasons for his move include a desire to be closer to his parents, Sanchez’s love of South Florida, and proximity to Blue Origin, his space exploration company . As Bezos prepares to move, his $190 million Seattle real estate empire is left behind.
Bezos’ Seattle real estate holdings include several properties acquired during a $45 million home-buying spree in 2019, following his high-profile divorce. These properties, located in the exclusive Hunts Point neighborhood, range from modest homes to a waterfront estate boasting 300 feet of shoreline. Additionally, Bezos has invested in real estate company Arrived, which offers a fractional real estate investment platform.
While Bezos’ departure from Seattle may seem like a big change, it doesn’t diminish his influence in the real estate world. He remains a formidable landowner across the United States, with properties including a ranch in Texas, apartments in Manhattan, the largest home in Washington, D.C., an estate in Los Angeles, and a $78 million home in Hawaii. With an estimated net worth of $169.2 billion, Bezos’ lavish spending is unlikely to have a significant impact.
In Miami, Bezos continues his trend of acquiring neighboring properties. He recently invested in two estates adjacent to Indian Creek, a wealthy enclave known as the “billionaires’ bunker.” However, Bezos’ opulent lifestyle faces an unexpected challenge as his $500 million yacht, Koru, reportedly struggles to find suitable mooring space in Miami due to its immense size.
While Bezos and Sanchez plan to move to Miami, they leave behind a massive real estate empire in Seattle. It remains to be seen what impact their transition to a new city will have on their personal and professional lives.
