Google co-founder paid $100 million to block wealth tax
Brin’s latest $20 million gift brings his total spending to $102 million as his group backs ballot measures that could nullify the tax.
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4 Articles
California's Billionaire Tax Is Officially on the Ballot. Here's How Much of the National Debt 100% of Every American Billionaire's Wealth Would Actually Cover.
California just certified the country's first statewide billionaire wealth tax for the 2026 ballot, and the fight over Proposition 40 has already cost opponents more than $107 million and sent some billionaires fleeing the state. But the real question lurking behind it is far bigger than California's budget.
Sergey Brin was once regarded as a liberal representative of Silicon Valley. In parallel to Google's AI development, he recently became involved mainly in his own interest.
Google co-founder Sergey Brin has spent $102 million fighting a proposed wealth tax on billionaires in California
CALIFORNIA — Google co-founder Sergey Brin has put more than $100 million behind efforts to defeat California’s proposed wealth tax, bringing his total contributions to $102 million, according to Bloomberg. Brin recently gave another $20 million to Building a Better California, a group opposing the tax while also backing housing and business measures, according to financial disclosures. The money is aimed at stopping Proposition 40, a proposal t…
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