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Maroc Maroc - Times of India - Top Stories - 30/12/2025 09:22

Billionaire exodus: Two tech tycoons upset with Silicon Valley; may leave by tomorrow

Tech titans Peter Thiel and Larry Page are reportedly planning to leave California before year-end, fearing a proposed 5% wealth tax on billionaires. The measure, if passed and retroactive, could cost them billions. While some politicians dismiss these threats, others warn of an exodus of talent and investment from the Golden State.

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