FortuneEmma Burleigh
As Sergey Brin, Larry Page and the ultra-rich flee California, one 34-year-old tech billionaire is ‘not running’—he ‘wants to fight’ for the state
California’s proposed billionaire tax has sent some ultra-rich residents flocking to other states—but tech entrepreneur Palmer Luckey is opting to stay put. While the 34-year-old cofounder of Oculus VR and Anduril opposes the bill, he still believes it’s worth it to stay.
“I think that this tax act, if you can call it a tax, is going to cause a lot of problems,” Luckey said during a press conference last week,reported byTechCrunch. “It’s causing a lot of people to run who I don’t want to be running. It’s going to cause companies that I work with to leave the state, which is a problem for me.”
“As of right now, though, I’m not running.
I am staying,” he continued. “I think California is something special. I want to fight for California.”
The entrepreneur raised in Long Beach has nurtured all of his biggest career wins in the Golden State.
He founded his first…
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