Sergey Brin invests ₹950 crore to oppose California's billionaire tax
Google co-founder Sergey Brin has contributed an additional $20 million to a group opposing a potential billionaire tax in California. This brings his overall funding for the cause to $100 million, which is approximately ₹950 crore. As the fourth-wealthiest individual globally, Brin might be liable for a $13.3 billion tax payment if the proposal is enacted. The measure seeks to levy a single 5% tax on roughly 200 of California's wealthiest residents.