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As Sergey Brin, Larry Page and the ultra-rich flee California, one 33-year-old tech billionaire is ‘not running’—he ‘wants to fight’ for the state
California’s proposed billionaire tax has sent some ultra-rich residents flocking to other states—but tech entrepreneur Palmer Luckey is opting to stay put.
AI Summary
California’s proposed billionaire tax has prompted many wealthy residents to leave the state, yet 34‑year‑old tech entrepreneur Palmer Luckey has chosen to stay. Luckey, cofounder of Oculus VR and Anduril, criticized the bill as a “tax act” that will create problems. He said it is driving people away and could force companies he works with to relocate, which he views as detrimental. Luckey remains opposed to the tax but believes remaining in California is still worthwhile.
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