Sergey Brin has reportedly restructured multiple business entities in California, following a similar pattern established by his Google cofounder Larry Page, as the state prepares to vote on a proposed wealth tax targeting billionaires.
The New York Post reports that Sergey Brin, the co-founder of Google, has taken steps to reduce his business presence in California by restructuring numerous corporate entities. The moves mirror actions taken by his longtime business partner Larry Page and come as California voters prepare to consider a ballot initiative that would impose a significant wealth tax on billionaire residents.
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