Zuckerberg's $50 m donation to California may be his 'parting gift' to the State

Zuckerberg's $50 m donation to California may be his 'parting gift' to the State

Mark Zuckerberg is reportedly making significant investments in Sacramento, California, while simultaneously acquiring a lavish Miami mansion. This move, alongside other tech titans like Larry Page and Sergey Brin relocating to Florida, is fueled by California's proposed Billionaire Tax Act. The potential 5% tax on net worth exceeding $1 billion could cost Zuckerberg billions, prompting a westward exodus.

Source : TOI

You may also like

सिविल अस्पताल आष्टा में महिला की बच्चेदानी का सफल ऑपरेशन, सरकारी स्वास्थ्य सेवाओं पर बढ़ा भरोसा

सिविल अस्�...

FIFA World Cup: Pulisic overtakes Ronaldo in assists as USA rout Paraguay

FIFA World Cup: Pulisic ove...

As US bans Fable 5 and Mythos 5, Anthropic shares a 700-plus word statement

As US bans Fable 5 and Myth...

IND vs AFG: Virat, Hardik injuries open doors for Ishan Kishan and Nitish Reddy

IND vs AFG: Virat, Hardik i...

Share this article: WhatsApp Facebook