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Monday, August 24, 2026

Why California’s 200 Billionaires Won’t Leave Over Prop 40

One of the richest men in Silicon Valley was handed a reason to panic and calmly dismissed it. Asked about California’s Prop 40, the one-time 5% tax on billionaire wealth that would cost him nearly $8 billion, Nvidia’s Jensen Huang told Bloomberg Television: “We chose to live in Silicon Valley, and …

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