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Magadh Today - Beyond Headlines > Latest News > Global > So long, Seattle: Amazon founder Jeff Bezos says he is moving to Miami
Global

So long, Seattle: Amazon founder Jeff Bezos says he is moving to Miami

Gulshan Kumar
Last updated: 2023/11/04 at 8:13 AM
By Gulshan Kumar 2 years ago
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In a significant announcement, Jeff Bezos, the visionary behind Amazon and founder of Blue Origin, declared on Thursday that he will be relocating to his hometown of Miami from Seattle. The primary motivation behind this move is his desire to be closer to his parents and the evolving operations of Blue Origin in Cape Canaveral.

Bezos, a billionaire entrepreneur, conveyed his deep emotional attachment to the decision, acknowledging the city of Seattle for its integral role in his journey. In an Instagram post on Thursday, he stated, “As exciting as the move is, it’s an emotional decision for me. Seattle, you will always have a piece of my heart.”

Accompanying the post was a poignant video featuring Bezos within Amazon’s inaugural office in Seattle, where he initiated the e-commerce company from his garage in 1994. Over the years, Bezos transformed this venture into one of the world’s largest and most influential retailers.

Furthermore, Bezos emphasized the transition of Blue Origin’s activities to Cape Canaveral, underscoring the increasing significance of this venture in the realm of private space exploration.

Amazon’s substantial growth exerted a profound impact on Seattle, notably reshaping the South Lake Union district. The district saw a metamorphosis from warehouses and parking lots into towering office edifices, a surge of highly compensated tech professionals, and upscale dining establishments. Consequently, this growth engendered an economic upswing and escalating rental rates within the city.

By Reuters

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