American billionaire Sergey Brin's $100 million fight helps sink California wealth tax
California voters rejected a one-time 5% tax on billionaires after Google co-founder Sergey Brin spent more than $100 million fighting the measure.
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California voters rejected a one-time 5% tax on billionaires after Google co-founder Sergey Brin spent more than $100 million fighting the measure.
Sergey Brin’s $102 million campaign against California’s billionaire tax appears to have worked, with Proposition 40 trailing by double digits as votes are counted.
A committee bankrolled by Google co-founder Sergey Brin spent more than $50 million in a week against California's billionaire tax as polls turned against it.
American billionaire Sergey Brin lost about $29 billion on paper as Alphabet shares plunged more than 12% in their worst day since the company’s 2004 IPO.
American billionaire Sergey Brin’s Alphabet posted $127.6 billion in quarterly revenue as Google Cloud doubled, but its shares slid after hours on spending fears.
Google co-founder Sergey Brin and fellow tech billionaires have put $316.7 million into defeating California's one-time billionaire tax, nine times what supporters have raised.
Gavin Newsom has endorsed a ballot measure bankrolled by Google co-founder Sergey Brin that would kill California's proposed one-time tax on billionaires.
Sergey Brin has put $102 million into the campaign against Proposition 40, a one-time 5% wealth tax California voters will decide on Nov. 3.
Four days ago Mark Zuckerberg was sixth, $14.5 billion behind Sergey Brin. He is now fifth. He gained about $3 billion over that stretch. Brin lost roughly $12.7 billion and that, not Meta's rally, is what closed the gap.