Google cofounder Larry Page continues his exit from California—this time spending $170 million on Florida properties

Are Google founders fleeing California’s proposed billionaire tax?

Larry Page and Sergey Brin have reportedly shifted entities tied to them out of California, while Page has spent $173m on two Miami estates

Google cofounder Larry Page continues his exit from California—this time spending $170 million on Florida properties

Google cofounder Larry Page reportedly purchased property in South Florida.EMMANUEL DUNAND/AFP/GettyImagesGoogle cofounder Larry Page bought property in Florida amid California's proposed billionaire tax.Page purchased luxury Miami properties before the Billionaire Tax Act could impact his assets.Miami's rise as a tech hub has attracted the ultrawealthy like Page and Amazon founder Jeff Bezos.Google cofounder Larry Page recently drew his line in…

Why Silicon Valley is really talking about fleeing California (it’s not the 5%)

If you've been following the billionaire exodus from California with some confusion, here's what's actually driving the nervousness: it's not the 5% rate. As highlighted Friday in the New York Post, the proposed wealth tax would hit founders on their voting shares rather than the actual equity they own. Take Larry Page, who about 3% [ . . . ]