Proposed California ballot initiative would impose a one-time 5% tax on billionaires, with the revenue funneled toward health ...

Voters may weigh a one-time 5% tax on Californians worth $1B+. SEIU backs it; Newsom opposes; tech titans warn they could ...

A proposed ballot measure to tax California’s billionaires is drawing sharp reactions. Supporters call it a lifeline for ...

Nvidia CEO Jensen Huang said he wasn’t worried about a potential tax on billionaires in California, breaking from a cadre of ...

Nvidia Corp. Chief Executive Officer Jensen Huang, the world’s ninth-richest person and head of the most valuable company, ...

The Google cofounder has severed ties between California and several of his business entities, including his family office.

Jensen Huang, one of the richest men in the world, says he is "perfectly fine" with the proposed wealth tax should the ballot measure pass.

Silicon Valley's congressman is facing a revolt from some of his wealthiest constituents, and even could get primaried. Why ...

Peter Thiel, the founder of a San Francisco private investment firm, announced that he opened a new office in Miami last week ...

The mayor of the Bay Area’s largest cities is hitting out at a proposed billionaire tax that’s already got some of the ...

It’s uncertain whether the proposal will reach the statewide ballot in November, but some billionaires like Peter Thiel and ...

Billionaires like Google co-founder Larry Page and venture capitalist Peter Thiel are reportedly leaving California because ...