Google co-founder Larry Page moved to Florida from California in early 2026, purchasing over $188 million in Miami property. He left California to avoid a proposed 5% state wealth tax targeting billionaires, shifting his primary residence and assets to Florida, which has no state income tax.
Makes sense to me. Several businesses and individuals from NYC have also moved to Florida for similar reasons. If I were hard working or creative as them to be as wealthy I would do the same and I know others here would too, they just wouldn't likely admit or say it. None of that prevents one from having a satellite office in the former state.
GenerWork [3 hidden]5 mins ago
>"He wasn't just pretending to move to Florida."
Do people often pretend that they're going to move? Seems like a weird thing to say.
serf [3 hidden]5 mins ago
its a luxury of the ultra-rich.
they threaten to move to push legislation which way they want.
Google co-founder Larry Page moved to Florida from California in early 2026, purchasing over $188 million in Miami property. He left California to avoid a proposed 5% state wealth tax targeting billionaires, shifting his primary residence and assets to Florida, which has no state income tax.
Makes sense to me. Several businesses and individuals from NYC have also moved to Florida for similar reasons. If I were hard working or creative as them to be as wealthy I would do the same and I know others here would too, they just wouldn't likely admit or say it. None of that prevents one from having a satellite office in the former state.
Do people often pretend that they're going to move? Seems like a weird thing to say.
they threaten to move to push legislation which way they want.