Google cofounder Larry Page leaves Silicon Valley: Moves assets to Delaware; here's why

Google cofounder Larry Page has shifted key business entities, including his family office, out of California to Delaware, Nevada, and Florida. This move precedes a potential state wealth tax, which could cost him billions. Other tech titans are also exploring exits, citing tax and privacy advantages offered by states like Delaware.

Google cofounder Larry Page leaves Silicon Valley: Moves assets to Delaware; here's why
Google cofounder Larry Page has shifted key business entities, including his family office, out of California to Delaware, Nevada, and Florida. This move precedes a potential state wealth tax, which could cost him billions. Other tech titans are also exploring exits, citing tax and privacy advantages offered by states like Delaware.