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Silicon Valley
fromFortune
1 day ago

Sergey Brin confronted Gavin Newsom at a treehouse party - then launched a political war | Fortune

California's proposed billionaire tax prompts Sergey Brin to leave the state and fund political opposition against Governor Newsom.
Brooklyn
fromsfist.com
2 weeks ago

Day Around the Bay: Billionaire Michael Moritz Eyes Union Square Building

Michael Moritz plans to lease the former Barney's building for his Crankstart Foundation headquarters.
SF politics
fromLos Angeles Times
3 weeks ago

Billionaire candidate for California governor catching heat for past business interests, wealth

Tom Steyer faces scrutiny over his investments in private prisons amid his campaign for California governor.
Silicon Valley real estate
fromRobb Report
1 month ago

This Venture Capitalist's $3.9 Million San Francisco Home Comes With a Full-Floor Office

A San Francisco live-work residence combines a ground-floor workspace with private offices and co-working desks with a two-bedroom residential loft upstairs.
fromFortune
1 month ago

Only 6 billionaires left California over its proposed wealth tax - but they took $27 billion in potential revenue with them | Fortune

Six of California's 214 billionaires have been widely reported to have left the state in time to avoid a proposed 5% wealth tax - but that small cohort would have collectively generated $27 billion in tax revenue, roughly a fourth of the initiative's projected $100 billion haul.
California
#california-gold-rush
fromEntrepreneur
2 months ago

The Only Crew with Access to a $450 Million 'Gold Rush'

But after decades of outsourcing tungsten production, the federal government has now begun restricting imports. United States Tungsten founders Stacy Hastie and Randy Waterfield saw this coming. They're reviving what was once America's largest tungsten mine, the Tungsten Queen. It's a site holding an estimated 1 million tons of tungsten with an in-ground value approaching $450 million, the company says. And it says it is already in talks with the U.S. Government.
Venture
San Francisco
fromFortune
2 months ago

Levi Strauss heir Daniel Lurie helped lure the Super Bowl when Levi's Stadium was under construction. Now he's mayor for the $440 million windfall | Fortune

Mayor Daniel Lurie is leveraging connections and major events like Super Bowl LX and the FIFA World Cup to revive San Francisco's downtown economy.
fromSFGATE
2 months ago

Tech billionaire buys Tahoe mansion that sat on the market for 8 years

Brin, who co-founded Google in 1998 with Larry Page, is currently locked in a game of net-worth musical chairs with his new down-the-street neighbor Larry Ellison. Earlier this month, Forbes reported that "Brin leapfrogged Oracle's Larry Ellison and Amazon's Jeff Bezos on Tuesday to become the world's third-richest person." The 52-year-old billionaire has reported ties to Alpine Bay LLC, a Reno, Nevada-based entity that purchased the lakefront estate for $42 million in December after the lakefront palace languished on the market for eight years.
Real estate
fromFortune
2 months ago

Sergey Brin makes his biggest donation ever to tackle California's housing crisis, weeks after moving to the Nevada side of Lake Tahoe | Fortune

Brin has committed $20 million to a new organization called Building a Better California, a political and policy effort aimed squarely at California's worsening housing affordability problems, recent state disclosures show, as first reported by The New York Times. The money is part of a broader $35 million launch package that also includes $15 million from eight other wealthy business leaders, among them former Google CEO Eric Schmidt and venture capitalist Michael Moritz, who each contributed $2 million.
California
California
fromSFGATE
1 month ago

Calif. man allegedly threw napalm-like explosive during gold show

A 21-year-old California man was arrested after allegedly throwing a backpack explosive device at another vendor during a gold prospecting event in Idaho, causing a fire but no injuries.
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