Jensen Huang Accepts California Billionaire Wealth Tax
Nvidia CEO Jensen Huang said on Tuesday he is "perfectly fine" with California's proposed 5% billionaire wealth tax during a Bloomberg TV interview. The one-time levy aims to raise about $100 billion over five years from roughly 200 billionaire residents; a 5% charge on Huang's estimated $162.6 billion net worth would exceed $8 billion, and the measure needs 870,000 signatures for the 2026 ballot.
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