Jeff Bezos, the founder of Amazon (NASDAQ:AMZN) and one of world's richest people, announced in a late Thursday Instagram post that he intends to leave Seattle, his home of nearly 30 years, and permanently relocate to Miami, Florida.
The billionaire entrepreneur said he seeks to stay closer to his parents, his partner, and Blue Origin - the space company he founded and is currently actively managing.
Amazon, which Bezos started out of the garage of his rented Seattle house in 1994, remains the city's top employer and is often credited with helping shape the seaport city into into one of the biggest global tech hubs.
Prior to his 2021 resignation, Bezos spent nearly 3 decades as the CEO of the e-commerce giant. He remains the executive chairman of the company's board.