Larry Ellison – California Globe

The Innovative Wealth Tax That Could Break California

November 19, 2025 1:54 pmNovember 19, 2025 1:55 pm

California is not only the home of innovative technology; sadly, it is also the home of innovative tax ideas. The latest breakthrough is a one-time billionaire wealth tax levied on a retroactive basis. But while the union, the former Clinton...

New IRS Data Finds California is Gaining More Millionaires Despite Record Outbound Migration

March 13, 2024 2:30 amMarch 13, 2024 2:31 am

New findings by Bloomberg via IRS data have found that, despite a significant exodus of residents from California since the late 2010s causing overall state population loss, California has continued to make more millionaires during the same time frame, with...

Leaving California: Oracle Co-Founder Larry Ellison Announces Move To Hawaii

December 14, 2020 5:12 pmDecember 15, 2020 1:09 pm

On Monday, the 11th richest person in the world , Oracle co-Founder Larry Ellison, announced that he has moved out of California, becoming only the latest billionaire to leave Silicon Valley. In his Monday announcement to employee’s, Ellison confirmed that...

Amid Trump’s Upcoming California Visit is a New Breed of Polarized Silicon Valley Donors

February 15, 2020 2:06 amFebruary 14, 2020 10:27 pm

Next week, President Donald Trump is due to visit California for several rallies and fundraising events in Los Angeles, Beverly Hills, Bakersfield, and the Palm Springs area as part of an overall swing through several western states. A Rancho Mirage...