Sergey Brin Donates $500,000 to Fight San Francisco CEO Tax
Updated
Updated · Bloomberg · May 20
Sergey Brin Donates $500,000 to Fight San Francisco CEO Tax
2 articles · Updated · Bloomberg · May 20
$500,000 from Google co-founder Sergey Brin went to a group opposing San Francisco's Prop D, a proposed tax increase targeting companies with highly paid executives.
The donation marks Brin's move deeper into California politics, extending beyond his opposition to a separate proposed tax on billionaires.
For Brin, whose net worth is estimated at $304.5 billion by the Bloomberg Billionaires Index, the contribution is financially small but politically signals an early push into city-level policy fights.
Why are tech billionaires spending millions to defeat a tax on extreme executive pay gaps?
Can San Francisco's 'CEO tax' fix its budget without crippling its fragile economic recovery?