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Billionaire Exodus Led by Peter Thiel Grows as California Wealth Tax Looms
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Billionaire Exodus Led by Peter Thiel Grows as California Wealth Tax Looms

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At least a half-dozen billionaires left California before the new year, and their exodus could soon be followed by more than a dozen others in the face of a proposed 5% tax on their wealth, according to financial advisers to the rich.

At least a half-dozen billionaires left California before the new year, and their exodus could soon be followed by more than a dozen others in the face of a proposed 5% tax on their wealth, according to financial advisers to the rich. David Lesperanc... [333 chars]

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Source: Bloomberg.com

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