Bezos makes third losing bet on real estate
Warmer weather beckons Jeff Bezos. The founder of $1.4 trillion technology giant Amazon.com is moving back to his hometown of Miami from Seattle, citing the desire to be closer to his family and his rocket ship company Blue Origin. But rising sea levels threaten to leave the Florida town underwater within the next 30 years. It’s not the only questionable real estate decision Bezos has made in the past several years.