Google founders may leave California

Sergey Brin and Larry Page appear to be downplaying their presence in the state where they co-founded Google.

The New York Times reported that in December, there were 15 limited liability companies overseeing Brin’s investments and interests. terminated or transferred to Nevada entities. These include the limited liability company that manages one of his luxury yachts and his interest in a private terminal at San Jose International Airport.

Likewise, 45 LLCs linked to Page recently became inactive or moved out of state, and a corporation linked to Page bought a $71.9 million mansion in Miami this week, according to The New York Times.

Obviously, the move is not a simple matter for the wealthy, and Brin and Page still own homes in the state, says the New York Times. However, these moves suggest that at least two California billionaires are already hoping to dodge the move An upcoming poll This would impose a one-time tax of 5% on individuals whose wealth exceeds $1 billion.

If the measure is on the ballot in November and actually passes, it would apply retroactively to anyone living in the state as of January 1 of this year.