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Sergey Brin's $20M Donation Signals Wealth Tax Resistance

1/29/2026

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Summary

Story summary

Sergey Brin, co-founder of Google, donated $20 million to Building a Better California, his largest political contribution, to support housing affordability.
The donation follows Brin’s move to Nevada to avoid a proposed wealth tax targeting billionaires.
Building a Better California has raised $35 million from wealthy donors, including Silicon Valley figures.
The funding does not directly oppose the wealth tax but signals potential resistance.

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Story summary

Sergey Brin, co-founder of Google, donated $20 million to Building a Better California, his largest political contribution, to support housing affordability.
The donation follows Brin’s move to Nevada to avoid a proposed wealth tax targeting billionaires.
Building a Better California has raised $35 million from wealthy donors, including Silicon Valley figures.
The funding does not directly oppose the wealth tax but signals potential resistance.