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Tech billionaires threaten to flee California over proposed 5% wealth tax
Tech billionaires threaten to flee California over proposed 5% wealth tax

Silicon Valley tech founders threaten to leave California over proposed 5% wealth tax on billionaires. The controversial measure could trigger an exodus from the state. Read more

Fox Business - Dec 28
California tech founders unload on a proposed state wealth tax that already has some billionaires preparing an escape. ‘I am screwed for life’
California tech founders unload on a proposed state wealth tax that already has some billionaires preparing an escape. ‘I am screwed for life’

"One market correction, nationalization event, or prohibition of divestiture (not at all uncommon during wartime) and I am screwed for life." Read more

Fortune - Dec 28
Peter Thiel and Larry Page are preparing to flee California in case the state passes a billionaire wealth tax, report says
Peter Thiel and Larry Page are preparing to flee California in case the state passes a billionaire wealth tax, report says

The proposal calls for California residents worth more than $1 billion to pay a one-time tax equivalent to 5% of their assets. Read more

Fortune - Dec 27
Billionaires plotting to flee California over proposed super wealth tax
Billionaires plotting to flee California over proposed super wealth tax

Rumor has it that some of the tech world's biggest names - including venture capitalist Peter Thiel and Google co-founder Larry Page - are among those considering fleeing their California mansions. Read more

Mail Online - Dec 27
Late billionaire's heirs agree to pay IRS $750 million to settle biggest individual tax fraud case in US history
Late billionaire's heirs agree to pay IRS $750 million to settle biggest individual tax fraud case in US history

Robert Brockman was accused of hiding $2billion in income from the IRS, the largest tax fraud claim ever made against a single person in the US. A civil case continued in tax court after his death. Read more

Mail Online - Dec 27
Possible California Wealth Tax Causes Billionaire Freakout: Page, Thiel Threaten To Leave
Possible California Wealth Tax Causes Billionaire Freakout: Page, Thiel Threaten To Leave

“California is on a path to self-destruction,” wrote Bill Ackman, joining opposition to a tax proposal alongside Google’s cofounder and more. Read more

Forbes - Dec 27
Washington's Secret Seattle Suburb You've Never Heard Of Is Known As An Oasis For Billionaires
Washington's Secret Seattle Suburb You've Never Heard Of Is Known As An Oasis For Billionaires

There's a small, waterfront suburb outside Seattle where homes fetch upwards of $50 million. It's not a gated community but it's extremely private. Read more

Yahoo! News - Dec 27
Here's how many AI billionaires were minted this year
Here's how many AI billionaires were minted this year

Artificial intelligence became a billionaire-making machine in 2025, with founders as young as 22 reaching nine-figure valuations Read more

Quartz - Dec 26
Former Man United star now a billionaire with over seven times Cristiano Ronaldo's net worth
Former Man United star now a billionaire with over seven times Cristiano Ronaldo's net worth

The ex-Manchester United player has since launched a hugely successful business since calling time on the game Read more

Manchester Evening News - Dec 25
Meet Pavel Durov, the tech billionaire who founded Telegram
Meet Pavel Durov, the tech billionaire who founded Telegram

Telegram founder Pavel Durov is worth billions. He has strong views on digital privacy that have landed him in legal trouble with French authorities. Read more

Insider - Dec 24