Silicon Valley legend Vinod Khosla has ‘no plans to leave California' amid billionaire tax uproar—but he has another idea to fix the wealth loophole [Fortune]
Oracle Corporation (ORCL)
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Source: Fortune
wealth tax that could levy a one-time 5% charge on assets held by residents worth $1 billion or more, the legendary venture capitalist and Sun Microsystems co-founder says he's staying put—even as he sounds the alarm about what he calls permanent damage to the state's tax base. Recommended Video “California will lose its most important taxpayers and net off much worse,” Khosla wrote on X in late December, responding to Rep. Ro Khanna's vocal support for the measure. And in a warning that goes beyond the billionaire class, Khosla added that “even people who don't expect this initiative to pass are still planning to leave because there will be another one.” It's a striking posture for one of the Valley's most prominent voices: a man willing to criticize the policy loudly while refusing to flee it. As he told Fortune Editor-in-Chief Alyson Shontell in a recent interview on the Fortune 500 Titans and Disruptors of Industry podcast, he has “no plans to leave California.” He argued
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ORCL
Earnings
- 12/10/25 - Beat
ORCL
Sec Filings
- 2/11/26 - Form 4
- 2/9/26 - Form 144
- 2/5/26 - Form CERT
- ORCL's page on the SEC website