Uber cofounder Travis Kalanick dodges $180M California tax by moving to Texas
The Uber billionaire's Dec. 18 move to Austin sidesteps a Jan. 1 residency cutoff, but California's Prop 40 fight is far from over.

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8 briefings · “wealth”
The Uber billionaire's Dec. 18 move to Austin sidesteps a Jan. 1 residency cutoff, but California's Prop 40 fight is far from over.
The deal raises a key question: should companies cover executives' personal tax bills?
Facing a possible California wealth tax, Meta's board restructured the company's shares to help Zuckerberg pay the bill.
A final call from Beijing puts high-net-worth individuals on notice: declare offshore trust gains by October 22 or face penalties, with ripple effects for Hong Kong's wealth hub.
The U2 frontman reveals the band's pricing philosophy: affordable front rows, premium prices for the wealthy, as concert costs hit record highs and regulators circle Live Nation.
Musk's plan to hand every American child a SpaceX share worth $10.5B raises questions about wealth, AI, and whether money will even matter.
Market cap, Musk wealth, and retail mechanics collide with acquisition-driven AI spend and looming investor scrutiny.
SpaceX shares jumped, and Musk’s $800B pre-IPO value crossed a trillion, reshaping how investors price “moonshots.”