Add Yahoo as a preferred source to see more of our stories on Google. Facebook founder Mark Zuckerberg is reportedly buying a mansion in South Florida. He won't be the first billionaire to live in the ...

California billionaires are terrified of a proposal to save the state’s health care system by taking 5% of their wealth. They should be: a billionaire tax to fund health care is too simple, too ...

California’s billionaires are fleeing the state like a group of teenagers being chased by a ghost through a haunted graveyard. The reason for the exodus: The 2026 Billionaire Tax Act” a wealth tax ...

LOS ANGELES (AP) — A proposed billionaires’ tax in California has ignited a political uproar in Silicon Valley, with tech titans threatening to leave the state while Democratic Gov. Gavin Newsom ...

A number of billionaires in the Golden State are fired up over a possible one-time 5% tax on their wealth. The proposal, sponsored by the Service Employees International Union–United Healthcare ...

California Gov. Gavin Newsom speaks during his State of the State address Thursday, Jan. 8, 2026, in Sacramento, Calif. (AP Photo/Godofredo A. Vásquez) LOS ANGELES (AP) — A proposed billionaires' tax ...

LOS ANGELES (AP) -- A proposed billionaires' tax in California has ignited a political uproar in Silicon Valley, with tech titans threatening to leave the state while Democratic Gov. Gavin Newsom ...