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.

The proposal aims to hit California residents worth more than $1billion with a one-time tax worth five percent of their net ...

Federal Reserve Governor Stephen Miran said the US central bank will need to cut interest rates by more than a percentage ...

Billionaire Larry Ellison has officially severed his ties to San Francisco’s Billionaire’s Row, unloading his long-held ...

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

San Jose Mayor Matt Mahan has come out against a controversial proposal to create a “billionaire tax” in California. Backers ...

The proposal has sparked outrage from other ultrawealthy residents, who warned of an exodus from the state.

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

California is weighing a one-time 5% tax on billionaires and their trusts, a proposal that could raise $100 billion for ...

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

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

The organizers behind the effort of a billionaire tax will start to gather signatures this week needed to put the measure on ...