The billionaire breakup: Larry Page flees California while Jensen Huang shrugs
Larry Page dismantled his California ties in late December. Jensen Huang said he hadn't thought about the tax once. Both face billion-dollar bills. The divergence reveals something deeper than economics: what happens when builders become allocators.
Maria GarciaJanuary 7, 2026, 2:32 AM PST · 11 min read
In late December, as most Californians prepared for New Year's Eve, Larry Page's lawyers were filing paperwork. Lots of it. His family office, Koop, converted from California to Delaware. His flu research vehicle, Flu Lab LLC, did the same. So did One Aero, which funds his flying car ventures, and Dynatomics, his AI-focused aircraft manufacturing startup. The addresses scattered across Florida, Nevada, and Texas like a wealth manager's game of pin the tail on the tax haven.
A source close to Page confirmed to Business Insider what the filings suggested: the Google cofounder had already left the state.
Then there's Jensen Huang. At CES in Las Vegas, a Bloomberg reporter asked the Nvidia CEO about California's proposed wealth tax. Huang's answer landed like a slap: "I've got to tell you, I have not even thought about it once." You could almost hear Page's lawyers grinding their teeth.
Bilingual tech journalist slicing through AI noise at implicator.ai. Decodes digital culture with a ruthless Gen Z lens—fast, sharp, relentlessly curious. Bridges Silicon Valley's marble boardrooms, hunting who tech really serves.
The Morning Briefing
Get the Morning Briefing in your inbox.
Sign up to our free daily morning newsletter and free member articles. Only our special weekly Pro Briefing is available for $8/month.