{"id":884625,"date":"2026-01-13T06:11:42","date_gmt":"2026-01-13T12:11:42","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/13\/why-are-googles-founders-cutting-their-connection-to-california-one-reason\/"},"modified":"2026-01-13T06:11:42","modified_gmt":"2026-01-13T12:11:42","slug":"why-are-googles-founders-cutting-their-connection-to-california-one-reason","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/13\/why-are-googles-founders-cutting-their-connection-to-california-one-reason\/","title":{"rendered":"Why Are Google’s Founders Cutting Their Connection to California? One Reason."},"content":{"rendered":"
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Sergey Brin and Larry Page are moving business entities out of California ahead of a proposed wealth tax that could cost them billions.<\/p>\n

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\n\t\t\t\t\tBy\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\tJonathan Small\t\t\t\t\t\t<\/a>
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span><\/p>\n

\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t|\t\t\t\t<\/span>
\n\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\tedited by\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\tJessica Thomas\t\t\t\t\t\t<\/a>
\n\t\t\t\t\t\t\t\t\t<\/span><\/p>\n

\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t|\t\t\t\t<\/span><\/p>\n

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\n\t\t\t\tJan 09, 2026\t\t\t<\/span>\n\t\t\t<\/p>\n<\/div>\n<\/header>\n

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Google has long been associated with Silicon Valley. After all, Sergey Brin<\/a> and Larry Page<\/a> founded their company in a garage in Menlo Park back in 1998. But now, the power duo is severing some of their connections to the state that made them extraordinarily rich.<\/p>\n

In the 10 days before Christmas, an entity connected to Brin terminated or moved 15 California LLCs out of the state, according to documents reviewed by The New York Times<\/a><\/i>. Seven of those companies were converted into Nevada entities.<\/p>\n

Brin is following Page\u2019s lead. More than 45 California LLCs associated with Page filed documents last month to either become inactive or relocate out of state.<\/p>\n

The timing isn\u2019t coincidental. A proposed California ballot measure would require residents worth more than $1 billion to pay a one-time tax equivalent to 5% of their assets. With the Google guys\u2019 combined net worth exceeding $518 billion, that\u2019s serious money at stake.<\/p>\n

Read more<\/a><\/p>\n

Sign up for the Entrepreneur Daily newsletter to get the news and resources you need to know today to help you run your business better. Get it in your inbox.<\/a><\/i><\/p>\n<\/p><\/div>\n

\n

Google has long been associated with Silicon Valley. After all, Sergey Brin<\/a> and Larry Page<\/a> founded their company in a garage in Menlo Park back in 1998. But now, the power duo is severing some of their connections to the state that made them extraordinarily rich.<\/p>\n

In the 10 days before Christmas, an entity connected to Brin terminated or moved 15 California LLCs out of the state, according to documents reviewed by The New York Times<\/a><\/i>. Seven of those companies were converted into Nevada entities.<\/p>\n

Brin is following Page\u2019s lead. More than 45 California LLCs associated with Page filed documents last month to either become inactive or relocate out of state.<\/p>\n

The timing isn\u2019t coincidental. A proposed California ballot measure would require residents worth more than $1 billion to pay a one-time tax equivalent to 5% of their assets. With the Google guys\u2019 combined net worth exceeding $518 billion, that\u2019s serious money at stake.<\/p>\n

Read more<\/a><\/p>\n

Sign up for the Entrepreneur Daily newsletter to get the news and resources you need to know today to help you run your business better. Get it in your inbox.<\/a><\/i><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

Read More<\/a>
\n Jonathan Small<\/p>\n","protected":false},"excerpt":{"rendered":"

Sergey Brin and Larry Page are moving business entities out of California ahead of a proposed wealth tax that could cost them billions. By Jonathan Small | edited by Jessica Thomas | Jan 09, 2026 Google has long been associated with Silicon Valley. After all, Sergey Brin and Larry Page founded their company in a<\/p>\n","protected":false},"author":1,"featured_media":884626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1020,161],"tags":[],"class_list":["post-884625","post","type-post","status-publish","format-standard","has-post-thumbnail","category-founders","category-googles"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/884625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=884625"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/884625\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/884626"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=884625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=884625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=884625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}