Howard Schultz
Former CEO
Miami Connection
Schultz joins a wave of billionaires like Jeff Bezos, Mark Zuckerberg, and Google cofounders moving to Miami, boosting the local luxury real estate market with his $44 million Surfside purchase. His relocation highlights Miami's appeal as a tax-friendly haven amid West Coast wealth taxes, contributing to the 'New Miami Gold Rush' of ultra-wealthy migrants. This influx elevates Surfside and nearby areas as elite enclaves.
About
Howard Schultz transformed Starbucks from a small Seattle coffee chain into a worldwide retail giant during his tenure as CEO until 2023. After 44 years in Seattle, he and his wife Sheri announced their move to Miami in March 2026, citing the sunshine of South Florida and proximity to their East Coast family. They purchased a luxurious five-bedroom penthouse in the Surf Club, Four Seasons Private Residences in Surfside for $44 million. Schultz relocated his family office to Florida while keeping the Schultz Family Foundation headquartered in Seattle. At 72, he is embracing this as their next adventure together in South Florida.