The tax escape map: Billionaires are bolting for Florida from the West Coast and taking billions in tax revenue with them
The billionaire exodus from the West Coast to Florida is underway as the ultra-wealthy seek refuge from wealth taxes in states like California and Washington.
Google cofounders Larry Page (net worth $244 billion) and Sergey Brin (net worth $226 billion) rushed to leave California last year before the Jan. 1 deadline for the California billionaire tax. Both have purchased property in Florida. Meanwhile, former Starbucks CEO Howard Schultz, whose net worth is $3.4 billion, and Meta CEO Mark Zuckerberg...