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Billionaire Palmer Luckey isn’t leaving California over the wealth tax
Palmer Luckey has been a California billionaire since he was 21 years old, when he sold his first company, virtual reality headset maker Oculus VR, to Facebook for $2 billion in 2014.
AI Summary
Palmer Luckey became a California billionaire at age 21 after selling his VR startup Oculus VR to Facebook for $2 billion in 2014. He now leads defense‑tech firm Anduril, which is headquartered in Costa Mesa, close to his Long Beach upbringing, and was most recently valued at $61 billion. Although he strongly opposes the proposed California billionaire wealth tax, Luckey said the measure will not cause him to leave the state.
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