Ex-Starbucks CEO Schultz Moves With Family Office to Miami

Howard Schultz, the billionaire former head of Starbucks Corp., has moved to Miami after more than four decades in Seattle, bringing his family office with him.

“We have entered the “retirement” phase of our lives. (A term we are both just getting used to.),” Schultz, 72, wrote in a post on LinkedIn, referring to his wife, Sheri. “Last year we traveled to dozens of places around the world—places we were too busy to see when building Starbucks and raising kids. And we have moved to Miami for our next adventure together.”