The Richest in the World

Politics · 2026-10-22

Zuckerberg Weighed Leaving California Over the Billionaire Tax — Then Agreed to Stay

#Californiabillionairetax#MarkZuckerberg#wealthtax#billionairesleavingCalifornia#Stanfordeconomist

BigGo Finance (Japanese edition) reports that Mark Zuckerberg considered moving out of California over the state's proposed billionaire tax, but agreed to remain for eight years.

The same outlet quotes a Stanford economist who says the tax would cause a loss of $39 billion rather than bring in $100 billion of revenue. The debate has turned into a question of whether the richest residents stay — and what the state loses if they leave.

Our view: Zuckerberg's eight-year commitment is a signal that the threat of leaving is real leverage in this fight. Whatever California decides will be watched by every government that wants to tax the very rich.

Source: 米カリフォルニア州の億万長者税を巡り、ザッカーバーグ氏が州外移転を検討も8年間の留任に合意 — BigGo ファイナンス (Japanese); in English: "Zuckerberg considered leaving the state over California's billionaire tax but agreed to stay for 8 years"

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Our take:

The billionaire tax fight is now about whether the richest stay — and what it costs if they don't.

Written with the help of AI by Ghostwriter KIERO SWISS from the sources named in the article.

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