1 Move Helped Jeff Bezos Save $700 Million

After leaving Seattle for a private island near Miami, Bezos sidestepped a tax bill that could have approached $1 billion.

BY LEILA SHERIDAN, NEWS WRITER

Jess Bezos. Illustration: Inc.; Photos: Getty Images; Adobe Stock

When Jeff Bezos announced in late 2023 that he would leave Seattle for Florida, he framed the decision as a personal one, an opportunity to be closer to his parents and to his aerospace company, Blue Origin. But the move also came with an undeniably significant financial upside. 

By early 2024, Bezos had officially relocated to Indian Creek Village, an ultraexclusive enclave outside Miami often referred to as the billionaire bunker. According to Business Insider, the village is more than just a gated........

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