Billionaires Fighting California’s Wealth Tax Have Put $333 Million Into Political Ad Machine Ahead of Elections

Real Estate News · October 28, 2026 · Source: Realtor.com · By Snejana Farberov · 3 min read at the source

Sergey Brin, president of Alphabet and co-founder of Google Inc., wearing a red patterned tie and smiling

California's billionaires are relying on a well-funded PAC to defeat Proposition 40, a proposed wealth tax on the state's ultrarich.

Reported by Snejana Farberov for Realtor.com (Trends), originally published October 28, 2026.

Read the full article on Realtor.com

Topics: Trends, 2026 Midterm Elections, Billionaire, Billionaire Tax, Business, California, Politics, Silicon Valley

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