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Business

Jeff Bezos sold his Seattle mansion for a record $63 million before Washington passed a millionaires tax—he now lives in a $237 million Miami compound

Fortune ·
Jeff Bezos sold his Seattle mansion for a record $63 million before Washington passed a millionaires tax—he now lives in a $237 million Miami compound

Amazon founder Jeff Bezos got out of Washington before it became a more expensive place to be a billionaire.

In spring 2025, he sold his Hunts Point mansion for $63 million, according to King County property records .

It’s the most expensive home sale on record in the state, Puget Sound Business Journal reported .

The sale came about a year and a half after he and his now-wife, Lauren Sánchez Bezos, moved to Miami .

Now the state he left is testing a tax aimed at high earners.

In March, Washington Gov.

Bob Ferguson signed a law that adds a 9.9% levy on household income above $1 million.

It reaches roughly 30,000 taxpayers and is Washington’s first income tax in more than 90 years.

The tax is set to begin in 2028, with the first payments due in April 2029 .

Whether it survives is up to voters.

Initiative 645, on the Nov.

3 ballot, would repeal the tax and explicitly ban income taxes in the state.

A separate lawsuit arguing the tax is unconstitutional is still pending.

The state Supreme Court has also deadlocked 4-4 over a ballot statement warning that repeal would mean cuts to education and health care, so that language will appear on the ballot.

Read the full article on Fortune ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on fortune.com — the content belongs to Fortune.

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