# Billionaires Flee California Tax Bill

> Larry Page, Sergey Brin, and Peter Thiel left California before billionaire tax. Nvidia CEO Jensen Huang accepts $8 billion bill.
- Title: Billionaires Flee California Tax Bill · 24/7 Wall St.
- Summary: Larry Page, Sergey Brin, and Peter Thiel left California before billionaire tax. Nvidia CEO Jensen Huang accepts $8 billion bill.
- Keywords: larry page, sergey brin, peter thiel, jensen huang, nvidia, california, billionaire tax, initiative 25-0024, Billionaires, Flee, Tax, Bill
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/09/21/larry-page-sergey-brin-and-peter-thiel-all-fled-californias-billionaire-tax-nvidias-ceo-isnt-going-anywhere-even-with-an-8-billion-bill-coming-his-way
- Author: AJ Tiarsmith
- Published: 2026-09-21T18:22:55+00:00
- Read time: 1 min
- Topics: larry page, sergey brin, peter thiel, jensen huang, nvidia, california, billionaire tax, initiative 25-0024
## Who Fled California
Larry Page, Sergey Brin, and Peter Thiel moved to end California residency before tax snapshot.
## California Tax Measure
California voters decide on a one-time 5% billionaire wealth tax in November 2026.
## Nvidia CEO's Stance
Jensen Huang welcomed a potential $8 billion tax bill from California.
## Who Left Before Snapshot
At least six billionaires publicly cut ties with California before the cutoff date.
## Huang's Tax View
Huang called paying $8 billion over five years a privilege and responsibility.
## Tax Impact
The tax could raise $40 billion after 30% of billionaires left before the vote.
## Key takeaway

Larry Page, Sergey Brin, and Peter Thiel fled California before a billionaire tax measure. Nvidia CEO Jensen Huang accepts a potential $8 billion tax bill.