{
  "id": 3815392,
  "title": "A consultant who once railed against ‘the billionaire boys club’ is now leading opposition to California’s wealth tax",
  "url": "https://urgent.news/2026/08/27/a-consultant-who-once-railed-against-the-billionaire-boys-club-is-now",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T19:38:31.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/08/27/california-billionaire-tax-prop-40/"
  },
  "original_language": "en",
  "account": "Ned Wigglesworth, a consultant who once criticized the \"billionaire boys' club of politics,\" now leads opposition to California's wealth tax. Wigglesworth, who once warned against the political influence of the wealthy, has become a key strategist for Building a Better California, a political organization opposing Proposition 40. The measure, which would impose a 5% tax on Californians worth at least $1 billion, has already received significant support from Silicon Valley moguls such as Sergey Brin, John Doerr, and Chris Larsen. Wigglesworth's career trajectory mirrors the tension in California politics, where the state's wealthiest individuals and companies have both faced and advocated for policies aimed at taxing their wealth.",
  "summary": "Ned Wigglesworth once blasted big donors for buying influence. Today, he’s helping lead a nine-figure campaign against Prop. 40",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}