Billionaire Starbucks Mogul Howard Schultz Sells Longtime Hawaii Retreat for $36 Million—Months After Quitting Seattle To Move to Florida

Former Starbucks CEO Howard Schultz has offloaded his longtime Hawaii sanctuary for the staggering price of $36 million—just months after he invested $44 million in buying a luxury residence in Florida. Schultz, 73, who has an estimated net worth of $3.5 billion, according to Forbes, has now made another significant shuffle of his property portfolio, letting go of his waterfront retreat in the Hualālai Resort community in an off-market deal that was first reported by the Wall Street Journal.While the identity of the buyer has not been revealed, listing agent Robert Kildow of Hualālai Realty told the outlet that the new owner—who closed on the home on July 30, according to property records—already owned a smaller dwelling in the community but had been looking for a larger retreat in which to house their growing family. Kildow added that the buyer agreed to the sale during a FaceTime call. The 1.8-acre estate, which spans two adjacent parcels in the luxurious waterfront community, went into contract just one week after the agent began quietly marketing it. It was never formally listed on the multiple listing service.Because the property was never publicly listed, there is little info...