Nvidia CEO Jensen Huang Unfazed by Potential $8 Billion California Wealth Tax
20 hours agoBusiness
40LENS
1 SourcesCalifornia, United States
TBNthebalanced.news
Nvidia CEO Jensen Huang Unfazed by Potential $8 Billion California Wealth Tax

Nvidia CEO Jensen Huang has stated he is "perfectly fine" with a proposed one-time 5% California wealth tax that could cost him nearly $8 billion. The tax, aimed at funding healthcare and schools, would apply to billionaires residing in California with assets exceeding $1.1 billion. Huang, whose net worth is estimated at $155 billion, expressed his willingness to pay the tax as he chose to live in Silicon Valley.

Political Bias
33%34%33%
Sentiment
55%