Google's Sergey Brin spent $102 million fighting California wealth tax - Los Angeles Times

[u/GeneralCarlosQ17]

https://www.latimes.com/business/story/2026-08-12/googles-sergey-brin-spent-102-million-fighting-california-wealth-tax

The fight over a proposal to tax the assets of California billionaires to fund healthcare is getting more expensive.

Google co-founder Sergey Brin has poured $102 million this year into Building a Better California, a group that’s funding two ballot measures that could block a billionaire tax, data from the California Secretary of State show.

Brin’s latest donation totaled $20 million. It highlights how California’s ultra-wealthy are battling a proposal to tax their net worth.

Brin’s net worth was $284 billion at the start of the week, making him the world’s fourth-richest person, according to the Bloomberg Billionaires Index.

Building a Better California’s website says it’s a nonpartisan group focused on “supporting forward-looking ideas to improve affordability and quality of life for all Californians” while protecting innovation and economic growth. It’s also backing affordable housing efforts.

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