Here's what to know about former Starbucks CEO Howard Schultz, when he stepped down from Starbucks and where he's now living ...

Hopefully, his retirement income will protect him from the elements and from these high insurance costs,” one lawmaker said.

The former Starbucks CEO announced the move on the same day Washington's House passed a millionaire's tax.

Washington’s proposed 9.9% tax on income over $1 million sparks concerns about wealthy residents leaving the state as lawmakers debate revenue, migration and economic impact.

Howard Schultz reportedly paid $44 million for a penthouse at the Four Seasons Private Residences in Surfside.