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Story summary
- Sergey Brin, Google's co-founder, bought Lake Tahoe's priciest home for $42 million to avoid California's proposed billionaire tax.
- The property, Crystal Pointe, spans 16,232 square feet and features a theater and wine cellar.
- Alpine Bay, a Reno-registered LLC, facilitated the purchase.
- Larry Page, Google's co-founder, bought two Miami estates for $188 million, signaling the trend.
- The moves reflect a broader exodus of wealthy residents from California.
