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Showing Original Post only (View all)The entire list of 214 California billionaires potentially subject to California's proposed wealth tax on billionaires.. [View all]
California has a lot of billionaires, more than any other state and more than most countries. So a proposed wealth tax on its billionaires could be a windfall, if they stick around. Under the Billionaire Tax Act, California residents worth over $1 billion would face a one-time tax totaling 5% of their assets. If the tax plan receives enough signatures, it will appear on the ballot in November and, if passed, would apply retroactively to billionaires living in the state as of January 1. The tax would be due in 2027, with the option to spread the payment out over five years, with interest.
https://www.businessinsider.com/california-billionaires-list-wealth-tax-2026-1
Of particular note to Democrats, one of the Democratic candidates for California Governor - Tom Steyer - himself a billionaire, has indicated that he is favor of the proposed wealth tax, that he will vote for the tax and that he will pay it.
https://fortune.com/2026/01/26/billionaire-tom-steyer-says-he-would-vote-for-california-wealth-tax/
If every one of the California's billionaires paid the proposed wealth tax, in excess of $109 million would be raised to backfill federal funding cuts for Medi-Cal, healthcare services, and social safety nets. However, several of California's billionaires have preemptively left the state to avoid the proposed wealth tax. They include the following:
Larry Page Google $261,809,000,000
Sergey Brin Google $241,572,000,000
Mark Zuckerberg Facebook $226,702,000,000
Peter Thiel Facebook, investments $25,819,000,000
Don Hankey Auto loans $8,152,000,000
Steven Spielberg Movies $7,056,000,000
Rodney Sacks Energy drinks $4,326,000,000
Travis Kalanick Uber $3,562,000,000
The entire list of 214 billionaires (both current California residents and those who recently left the state), how they made their money and their most current net worth:
Larry Page Google $261,809,000,000
Larry Ellison Oracle $247,373,000,000
Sergey Brin Google $241,572,000,000
Mark Zuckerberg Facebook $226,702,000,000
Jensen Huang Semiconductors $166,509,000,000
Eric Schmidt Google $36,235,000,000
Henry Samueli Semiconductors $32,780,000,000
Peter Thiel Facebook, investments $25,819,000,000
Robert Pera Wireless networking $25,757,000,000
Adam Foroughi marketing software, mobile games $23,387,000,000
Henry Nicholas III Semiconductors $22,379,000,000
John Doerr Venture capital $20,382,000,000
Donald Bren Real estate $19,212,000,000
Eric Smidt Hardware stores $17,923,000,000
John Tu Computer hardware $17,139,000,000
Jan Koum WhatsApp $17,139,000,000
David Sun Computer hardware $17,116,000,000
George Roberts Private equity $15,873,000,000
Laurene Powell (Steve) Jobs Apple, Disney $14,141,000,000
Jack Dangermond Mapping software $13,585,000,000
Charles Schwab Discount brokerage $13,482,000,000
Antony Ressler Finance $12,890,000,000
Vinod Khosla Sun Microsystems, venture capital $12,742,000,000
Riley Bechtel Engineering, construction $11,371,000,000
Dustin Moskovitz Facebook $11,206,000,000
Douglas Leone Venture capital $10,844,000,000
Chris Larsen Cryptocurrency $10,201,000,000
Tom Gores Private equity $10,056,000,000
Brian Armstrong Cryptocurrency $10,048,000,000
Marijke Mars Candy, pet food $10,024,000,000
Brian Chesky Airbnb $9,438,000,000
Andrew Karam Advertising technology $9,267,000,000
David Geffen Movies, record labels $9,265,000,000
Marc Benioff Business software $9,208,000,000
Nathan Blecharczyk Airbnb $8,943,000,000
Lynsi Snyder In-N-Out Burger $8,666,000,000
Steven Rales Manufacturing, investments $8,632,000,000
Don Hankey Auto loans $8,152,000,000
Tench Coxe Venture capital $7,993,000,000
Michael Moritz Venture capital $7,749,000,000
Edward Roski Jr Real estate $7,539,000,000
Michael Milken Investments $7,472,000,000
Steven Spielberg Movies $7,056,000,000
Edythe (Eli) Broad Homebuilding, insurance $6,998,000,000
Scott Cook Software $6,790,000,000
Baiju Bhatt Stock trading app $6,496,000,000
John A. Sobrato Real estate $6,346,000,000
Vlad Tenev Stock trading app $6,279,000,000
Stephen Cohen Software $6,081,000,000
Rick Caruso Real estate $5,918,000,000
Jayshree Ullal Computer networking $5,752,000,000
Archie Aldis Emmerson Timberland, lumber mills $5,618,000,000
Ken Xie Cybersecurity $5,540,000,000
Romesh T. Wadhwani Software $5,521,000,000
Neal Blue Defense $5,498,000,000
Gordon Getty Getty Oil $5,488,000,000
Patrick Soon-Shiong Pharmaceuticals $5,429,000,000
Jean Pritzker Hotels, investments $5,403,000,000
Lynda Resnick Agriculture $5,394,000,000
Stewart Resnick Agriculture $5,394,000,000
George Lucas Star Wars $5,293,000,000
Reed Hastings Netflix $5,136,000,000
Jim Coulter Private equity $5,083,000,000
Gwendolyn Sontheim Meyer Cargill $5,041,000,000
Eric Yuan Zoom Video Communications $5,038,000,000
Eduardo Vivas marketing software, mobile games $5,009,000,000
Scott Crabill Private equity $4,893,000,000
Holden Spaht Private equity $4,888,000,000
David Baszucki Online games $4,871,000,000
Seth Boro Private equity $4,865,000,000
Jack Dorsey Twitter, Square $4,849,000,000
Dagmar Dolby Dolby Laboratories $4,763,000,000
Michael Xie Cybersecurity $4,685,000,000
David Filo Yahoo $4,559,000,000
Anthony Pritzker Hotels, investments $4,426,000,000
Rupert Johnson Jr Franklin Templeton $4,418,000,000
Donald Sterling Real estate $4,368,000,000
Rodney Sacks Energy drinks $4,326,000,000
Sanjit Biswas Sensor systems $4,086,000,000
Thomas Siebel Business software $4,050,000,000
John Bicket Sensor systems $3,957,000,000
Meg Whitman EBay $3,878,000,000
Jose E. Feliciano Private equity $3,877,000,000
Behdad Eghbali Private equity $3,856,000,000
Peter Gassner Software $3,828,000,000
Danny Harris Alo Yoga $3,729,000,000
John Fisher Gap $3,703,000,000
Daniela Amodei Artificial intelligence $3,700,000,000
Dario Amodei Artifical intelligence $3,700,000,000
Jack Clark Artificial intelligence $3,700,000,000
Jared Kaplan Artificial intelligence $3,700,000,000
Sam McCandlish Artificial intelligence $3,700,000,000
Tom Brown Artificial intelligence $3,700,000,000
Kavitark Ram Shriram Google, venture capital $3,699,000,000
Marco DeGeorge Alo Yoga $3,692,000,000
Hemant Taneja Venture capital $3,632,000,000
Brian Acton WhatsApp $3,581,000,000
Travis Kalanick Uber $3,562,000,000
Richard Peery Real estate $3,561,000,000
Palmer Luckey Virtual reality, defense technology $3,556,000,000
Parker Conrad Software $3,400,000,000
Frank Slootman Software $3,373,000,000
Jay Paul Real estate $3,267,000,000
George Argyros Real estate, investments $3,262,000,000
Haim Saban TV network, investments $3,250,000,000
Alexandr Wang artificial intelligence $3,215,000,000
Jeff Rothschild Facebook $3,213,000,000
William Chisholm Private equity $3,179,000,000
Jerry Yang Yahoo $3,073,000,000
Vasily Shikin marketing software, mobile games $3,068,000,000
Sean Parker Facebook $3,045,000,000
Nicolas Berggruen Real estate, investments $2,935,000,000
Tim Draper cryptocurrency $2,879,000,000
Daniel Pritzker Hotels, investments $2,874,000,000
Jed McCaleb Cryptocurrency $2,850,000,000
Aneel Bhusri Business software $2,824,000,000
Fred Ehrsam cryptocurrency exchange $2,784,000,000
Tony Xu food delivery service $2,730,000,000
John Pritzker Hotels, investments $2,699,000,000
George Joseph Insurance $2,660,000,000
Tim Cook Apple $2,625,000,000
Jeff T. Green Digital advertising $2,608,000,000
Evan Spiegel Snapchat $2,603,000,000
Anthony Wood Roku $2,551,000,000
Barbara Banke Wine $2,543,000,000
Jeff Tangney Healthcare IT $2,469,000,000
Reid Hoffman LinkedIn $2,462,000,000
Bruce Karsh Private equity $2,386,000,000
Sheryl Sandberg Facebook $2,354,000,000
Bennett Rosenthal Finance $2,350,000,000
Herald Chen Marketing software, mobile games $2,347,000,000
Kevin Systrom Instagram $2,346,000,000
Joe Lacob Golden State Warriors $2,344,000,000
Kenneth Hao Private equity $2,314,000,000
Egon Durban Private equity $2,275,000,000
Tom Ford Fashion $2,248,000,000
David Kaplan Finance $2,247,000,000
Max Levchin fintech $2,232,000,000
Irving Grousbeck Telecommunication, sports $2,229,000,000
James Scapa Software $2,208,000,000
Adarsh Hiremath AI Software $2,200,000,000
Brendan Foody AI Software $2,200,000,000
Surya Midha AI Software $2,200,000,000
Jon Winkelried Private equity, banking $2,177,000,000
Sarah MacMillan Cargill $2,164,000,000
Richard Saghian Fast fashion $2,149,000,000
Alec Gores Private equity $2,121,000,000
Walter Wang Manufacturing $2,082,000,000
Bobby Murphy Snapchat $2,070,000,000
Drew Houston Cloud storage service $2,050,000,000
Tom Werner Sports teams $2,036,000,000
Thomas Steyer Hedge funds $2,030,000,000
Patrick Hanrahan Software $2,013,000,000
Sam Altman Investments $1,985,000,000
Dylan Field Software $1,964,000,000
Geoffrey Palmer Real estate $1,952,000,000
Evan Williams Twitter $1,952,000,000
Riaz Valani E-cigarettes $1,925,000,000
Marc Andreessen Venture capital investing $1,913,000,000
Kim Kardashian Shapewear, skincare $1,885,000,000
Mark Attanasio Finance $1,855,000,000
Gary Michelson Medical patents $1,764,000,000
Andy Fang food delivery app $1,764,000,000
Robert Fisher Gap $1,752,000,000
Paul Sciarra Pinterest $1,730,000,000
William Fisher Gap $1,689,000,000
Art Levinson Genentech, Apple $1,681,000,000
Nicholas Pritzker Hotels, investments $1,676,000,000
Edward Glazer Manchester United, Tampa Bay Buccaneers $1,671,000,000
Kevin Marchetti Diversified $1,670,000,000
Bill Gross Investments $1,668,000,000
Charles Liang Computer hardware $1,662,000,000
Michael Cagney Blockchain technology $1,644,000,000
Jeffrey Gundlach Investments $1,644,000,000
Sue Gross Investments $1,634,000,000
Benoit Dageville Software $1,606,000,000
Steven Tisch Loews, New York Giants $1,592,000,000
Doris Fisher Gap $1,587,000,000
Ben Silbermann Social media $1,575,000,000
Sundar Pichai Alphabet $1,543,000,000
Peter Guber Sports teams, movies $1,543,000,000
Joe Lau Blockchain technology $1,534,000,000
Nikil Viswanathan Blockchain technology $1,534,000,000
Mike Speiser Software $1,522,000,000
Michael Teel supermarkets $1,507,000,000
Magic Johnson Basketball, investments $1,495,000,000
Sanjay Gajendra Semiconductors $1,472,000,000
George Marcus Real estate $1,468,000,000
Jitendra Mohan Semiconductors $1,466,000,000
Mark Pincus Online games $1,455,000,000
Lucy Guo Artificial intelligence $1,447,000,000
Brett Adcock Robots $1,443,000,000
Nikesh Arora Cybersecurity, SoftBank, Google $1,409,000,000
Thierry Cruanes software $1,361,000,000
Frederic Luddy Software $1,350,000,000
Marissa Mayer Google, Yahoo $1,333,000,000
Richard Kayne Investments $1,315,000,000
LeBron James Basketball $1,303,000,000
Aman Sanger AI software $1,300,000,000
Michael Truell AI software $1,300,000,000
JoeBen Bevirt Electric aviation $1,287,000,000
Steve Huffman Reddit $1,282,000,000
Shyam Sankar Palantir $1,259,000,000
Donald Friese Manufacturing $1,223,000,000
Stanley Tang food delivery app $1,207,000,000
Jean-Marc Chapus Finance $1,207,000,000
Arnold Schwarzenegger Movies, investments $1,184,000,000
Dick Wolf Law & Order $1,176,000,000
Theresia Gouw Venture capital $1,176,000,000
Chi Fung Cheng Semiconductors $1,171,000,000
Jeff Lawson software $1,160,000,000
Joe Kiani Medical devices $1,123,000,000
Tom Preston-Werner software $1,000,000,000
Trae Stephens Defense technology $1,000,000,000