TechCrunch·4 min read·medium

Google co-founder Sergey Brin has now spent $100 million to fight the billionaire tax

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Amanda Silberling
Google co-founder Sergey Brin has now spent $100 million to fight the billionaire tax
AI Summary

Google co-founder Sergey Brin has donated $100 million to oppose a proposed California tax on billionaires. The measure, Prop 40, aims to fund healthcare programs, but faces significant pushback from wealthy tech figures who are increasingly relocating out of the state.

Google co-founder Sergey Brin has donated another $20 million to Build a Better California, an organization advocating against California’s proposed billionaire tax, according to a new filing . That means that the world’s fourth-richest man , whose net worth hovers around $267 billion, has now spent more than $100 million to avoid an estimated $13.3 billion tax payment.

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