Over $1.5 TRILLION in billionaire wealth has left California since 2019. Major relocations include: • Elon Musk (Tesla, X, etc.) • Larry Ellison (Oracle) • Drew Houston (Dropbox) • Joe Lonsdale (Palantir/8VC) • Larry Page (Google co-founder) • Sergey Brin (Google co-founder) • Peter Thiel (PayPal/Palantir) • David Sacks (Craft Ventures) • Don Hankey (Hankey Group) • Lynsi Snyder (In-N-Out Burger) • Mark Zuckerberg (Meta) Over $1 trillion shifted out in the last 80 days since the 5% Billionaire Tax Act was proposed on November 25, 2025.