California Voters Might Confiscate 50% of Google Via The One Time Wealth Tax

Larry and Sergey can’t stay in California since the wealth tax as written would confiscate 50% of their Alphabet shares.

Each own ~3% of Alphabet's stock, worth about $120 billion each at today's ~$4 trillion market cap.

But because their shares have 10x voting power, the… pic.twitter.com/4DYDDmCDl4

— Garry Tan (@garrytan) January 9, 2026