The controversial 5% wealth tax could cost the Golden State’s record 246 billionaires anywhere from $50 million to $13 billion apiece. Whatever the sum, it has a number of its richest and most famous residents plotting moves.
Read the full story on Forbes: https://www.forbes.com/sites/forbeswealthteam/2026/01/14/heres-what-the-richest-californians-would-pay-under-the-proposed-billionaire-tax/
0:00 Intro – CA’s Proposed Wealth Tax
2:38 Who’s Behind The Proposed Bill?
6:40 Jensen Huang
8:33 Larry Paige
10:47 Mark Zuckerburg
12:13 Peter Theil
13:22 Sergey Brin
14:33 George Lucas
15:31 Oprah
16:29 Kim Kardashian
17:27 Steven Spielberg
18:08 Reid Hoffman
18:46 Jack Dorsey, Sam Altman & Sean Parker
20:03 Magic Johnson
20:51 Arnold Schwarzenegger
21:49 LeBron James
23:06 Beyonce
24:19 What’s Next?
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