As Sergey Brin, Larry Page and the ultra-rich flee California, one 34-year-old tech billionaire is ‘not running’—he ‘wants to fight’ for the state
Oculus VR and Anduril cofounder Palmer Luckey, worth $5.9 billion, opposes the proposed tax hike but is opting to stay: “California is something special.”
California's proposed billionaire tax has prompted some ultra-rich residents to move to other states, but tech entrepreneur Palmer Luckey, a 34-year-old cofounder of Oculus VR and Anduril, is choosing to stay. During a press conference, Luckey expressed his opposition to the bill but believes it's worthwhile to remain in California.
He worries that the tax will cause companies he works with to leave, which could negatively impact him. Despite his net worth of around $5.9 billion, Luckey is not concerned about paying more in taxes and is focused on fighting for California, stating, "I want to fight for California."
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