Tech billionaires are making plans to bail on California ahead a possible ballot measure that would tax their assets to help pay for healthcare.
Sources told the New York Times that venture capitalist Peter Thiel has explored spending more time outside California and opening an office for his Los Angeles-based personal investment firm, Thiel Capital, in another state.
It doesn’t even matter, they are rich enough to own mansions and corporate offices in every state in America, they can change their mailing address any time they want for whatever reason they want. It only makes work for the admin staff and accountants.