Sergey Brin, Larry Page moved LLC from CA before proposed wealth tax:
The LLC moved as California's ultrarich weigh leaving ahead of a proposed tax on ...
businessinsider.com/sergey-brin-larry-page-moved-llc-california-wealth-tax-2026-1
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Brin and Page Shift LLC Ahead of Wealth TaxGoogle founders moved their LLC in late 2025 before California's billionaire tax starts retroactively in 2026.
Key FactsJan 8, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: businessinsider.com
Summary created with AI assistance · Source: businessinsider.com
- T-Rex LLC, linked to Sergey Brin and Larry Page, was relocated from California to Delaware at the end of December 2025.
- This move preceded California's proposed wealth tax targeting billionaires, effective retroactively from January 1, 2026.
- The tax proposal would impose a one-time 5% levy on residents with assets exceeding $1 billion.
- Brin and Page remain listed as managers with the LLC's principal address now in Reno, Nevada.
It will trigger an exodus of capital and innovation from California.— Alex Spiro, a celebrity attorney urging the governor of California to stop the proposed tax.
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levy on the total value of personal assets, including owner-occupied housing; cash, bank deposits, money funds, and savings in insurance and pension plans
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