Shutterstock
A Proposed Wealth Tax Sparks an Exodus
Google co-founder Larry Page just made one of the biggest real estate moves in Miami history.
He bought two waterfront estates in the Coconut Grove neighborhood for a combined $173.4 million, solidifying his exit from California ahead of a proposed tax that could cost him billions.
Page is currently ranked as the world’s second-richest person, and if the tax passed and applied retroactively to residents as of January 1, 2026, analysts estimate it could cost him well over $10 billion…