Sergey Brin’s big victory in California

POLITICO · Will McCarthy, Tyler Katzenberger · 2026-11-05 18:35 UTC

The billionaire co-founder of Google effectively built and funded an opposition campaign against a proposed wealth tax.

The billionaire co-founder of Google effectively built and funded an opposition campaign against a proposed wealth tax.

11/05/2026 1:35 PM EST

The California wealth tax’s likely defeat was a victory for Gavin Newsom and establishment Democrats who lined up against it. It was also a victory for billionaires — no one more so than Sergey Brin.

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