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.

Politics
Maria Garcia

Maria Garcia

Los Angeles

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.