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Sergey Brin Donates $102 Million to Fight Prop 40

By Drooid · · How we work

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Story summary
  • Sergey Brin donated $102 million to the Building a Better California PAC to oppose Proposition 40.
  • His contribution made him the largest single donor, with opposition spending exceeding $187 million.
  • Proposition 40 would impose a one-time 5% tax on California’s 200 billionaires, raising $100 billion.
  • The tax could cost Brin about $13 billion, given his nearly $260 billion net worth.