California billionaires are feeling taxed about a new proposal [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Source: Yahoo! Finance
California's billionaires are at a crossroads. One of the biggest business stories kicking off the year is the proposed wealth tax in California. The state's rich and powerful, worth more than $1 billion, would face a one-time 5% tax on their assets if the plan gets approved. The proposal, which aims to address a projected multibillion-dollar state budget deficit, has prompted plenty of grumbling among the California elite. As Business Insider first reported, some have already taken action, including Google cofounders Larry Page and Sergey Brin. Page converted his secretive family office out of California in late December and incorporated it in Delaware, according to my colleague Hugh Langley's exclusive reporting. Page also recently incorporated other entities in Delaware, including a vehicle used to fund influenza research and another used for his flying car ventures. He lists principal office addresses outside of California for those entities. Separately, an entity tied
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GOOG
News
- Alphabet's AI surge makes it the 4th-ever company to crack a $4 trillion market cap [Business Insider]Business Insider
- YouTube makes a change users have long wanted [Yahoo! Finance]Yahoo! Finance
- Alphabet hits US$4-trillion valuation as AI refocus lifts sentiment [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Alphabet hits $4 trillion valuation as AI refocus lifts sentiment [Yahoo! Finance]Yahoo! Finance
- Alphabet hits $4 trillion market capitalization [CNBC]CNBC
GOOG
Earnings
- 10/29/25 - Beat
GOOG
Sec Filings
- 1/8/26 - Form 4
- 1/7/26 - Form 144
- 1/7/26 - Form 144
- GOOG's page on the SEC website