Billionaire, Jeff Bezos, is leaving Seattle for a $79m home on ‘Billionaire Bunker’ in Miami where he spent his formative years.
The Amazon founder bought a second property on Billionaire Bunker, located on Indian Creek, an exclusive man-made barrier island in Miami.
His vast, waterfront estate means his new celebrity neighbors include Tom Brady, Ivanka Trump and Jared Kushner.
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Bloomberg News reported in October that Bezos had purchased a mansion for $79 million.
This was just just two months after buying a neighboring estate for $68 million.
From tech moguls like Marc Zuckerberg to Hollywood stars like Brad Pitt, wealthy home owners often buy a second or third estate right next door.
Bezos also recently splashed a similar amount on a superyacht.
“Expect to live royally at America’s Billionaire Bunker,” said one of the properties’ since-deleted listing.
The more expensive of the two mansions was said to exude timeless “European glamour”.
With seven bedrooms, 14 bathrooms, a wine cellar, a home cinema and a sauna – it’s everything you’d expect a billionaire’s home to be.
The listing also boasted “stately grounds”, “soaring ceilings” and “endless art walls”.
Bezos, one of the wealthiest people in the world, already has lavish properties in Miami.
Miami has attracted other big names in tech in the past few years.
Bezos’ departure from Seattle comes after almost three decades.
Seattle has been Bezos’ home since 1994, when he started Amazon out of his garage.
He posted a nostalgic Instagram post on Thursday announcing his move and including a brief video tour of Amazon’s first office.
“It doesn’t take long to tour the offices of Amazon-dot-com Inc,” a young Bezos said in the video of company’s humble beginnings.
His father is behind the camera.
Bezos stepped down as the CEO of Seattle-based Amazon almost three years ago.
He explained he wanted to do more philanthropic work.
However, Bezos still has influence over Amazon as executive chair and biggest shareholder.
His post explained that operations for his rocket company, Blue Origin, are “increasingly shifting” to Cape Canaveral.
Miami is 200 miles south of Cape Canaveral.
His post explains that the move will allow him to be closer to his parents and his partner, Lauren Sánchez.
However, speculation is swirling as the move comes as Washington’s super rich face the prospect of a 1% wealth tax.
Florida has the fifth lowest tax burden out of all the US states, at 6.3% of total income.