Monday, 6 July, 2026
Billionaires vs. The Ballot: Tech Elites Spend Millions to Kill California Wealth Tax
By TechShots Studio
Silicon Valley’s wealthiest figures are pouring over $120 million into defeating a proposed 5% California wealth tax on billionaires. Google co-founder Sergey Brin leads the opposition, contributing $82 million alone. To protect their fortunes, tech elites like Larry Page and Peter Thiel aren't just funding campaigns—they are actively moving their assets and businesses out of state ahead of the November vote.
Read full story at TIMES OF INDIA