Billionaire Uber co-founder Travis Kalanick admits strategically moving to Texas before California wealth tax

Billionaire and Uber co-founder Travis Kalanick officially joined the exodus from California, revealing he moved to Austin, Texas, just weeks before a proposed wealth tax could have targeted his estimated $3.6 billion fortune.

"Just to be clear, on December 18, I moved to Texas. I don’t know what’s so specific about December 18, but let’s just say it’s prior to January," Kalanick said in an interview with TPBN.

"I get a little bit [of] FOMO on like, these people going to Florida. I'm like, dude!