Record sale in Washington

Amazon founder Jeff Bezos sold his Hunts Point mansion in spring twenty twenty-five for sixty-three million dollars, the most expensive home sale on record in Washington state.

The mansion he left behind

The nine thousand four hundred twenty square foot property sits on three point two seven acres overlooking Lake Washington, seven miles from Amazon headquarters.Bezos bought it in twenty nineteen for thirty-seven point five million dollars.

Washington passes income tax

In March, Washington Governor Bob Ferguson signed a law adding a nine point nine percent levy on household income above one million dollars.

Tax timeline and ballot fight

The income tax is set to begin in twenty twenty-eight, with first payments due in April twenty twenty-nine.Initiative six forty-five on the November third ballot would repeal it.A separate lawsuit argues the tax is unconstitutional.

Bezos moves to Miami

Bezos and his wife Lauren Sánchez Bezos moved to Miami in late twenty twenty-three. He said the reason was to be closer to his parents and because his aerospace company Blue Origin is shifting operations…

“My parents have always been my biggest supporters.”

Billionaire compound in Florida

Bezos now lives in a three-home compound on Indian Creek, a Miami-area island nicknamed the Billionaire Bunker.

Florida's tax advantage

Florida has no state income tax, making it attractive to high earners.Other wealthy residents on Indian Creek include Tom Brady, Ivanka Trump, and Jared Kushner.