11 hours ago · Peter Thiel, a tech venture capitalist, could face a tax bill of more than $1.2 billion if the proposed wealth tax is placed on the California ballot and approved by voters.

3 days ago · A wealth-intelligence firm estimated that 255 billionaires lived in California last year — a quarter of the U.S. total. For someone like Mark Zuckerberg, whose net worth is over $200 billion, he …

10 hours ago · Billionaires, including Peter Thiel, the tech venture capitalist, and Larry Page, a co-founder of Google, are considering cutting or reducing their ties to California by the end of the year …

California could be saying bye-bye to billions in tax revenue if voters approve a controversial wealth tax on the state’s roughly 200 billionaires. Ultra-wealthy taxpayers are actively making ...

Nov 24, 2025 · A proposed ballot measure known for the 2026 Billionaire Tax Act would impose a one-time 5% tax on billionaires living in the Golden State, said to be about 200 people.

1 day ago · California’s billionaire standoff So, here’s the situation that everyone in California’s money circles is whispering about. Supporters are collecting signatures to put a proposed one-time …

Dec 19, 2025 · An influential union has introduced a ballot initiative to impose a one-time 5% tax on billionaire wealth. In San Francisco, voters could face a proposal to hike taxes on the wealthiest …