Billionaire Rift: How Eric Schmidt and Sergey Brin Fell Out Over $100 Million Tax Fight

Billionaire Rift: How Eric Schmidt and Sergey Brin Fell Out Over $100 Million Tax Fight

Eric Schmidt once ran Google with Sergey Brin at his side. The two men helped turn a Stanford research project into a global force. Now they stand on opposite sides of a bitter dispute inside one of the most expensive ballot battles California has ever seen. Brin, the Google co-founder with a fortune north of $260 billion, has poured more than $100 million into Building a Better California. The group’s stated goal was simple. Stop Proposition 40…

Eric Schmidt is reportedly at odds with Google cofounder Sergey Brin over how a $100 million campaign against California's billionaire tax is spent

The former Google CEO is disgruntled with the use of his funding for other measures that are not focused on California's Proposition 40.