The Economic Times

Jensen Huang would owe $8 billion under new billionaire tax, and hes perfectly fine with it

Jensen Huang billionaire wealth tax California: Nvidia CEO Jensen Huang expressed indifference to a proposed California wealth tax that could cost him nearly $8 billion. The one-time 5% tax on billionaires, aimed at funding healthcare and schools, would apply to assets like stocks and business holdings. Huang stated he is perfectly fine with the potential tax, having chosen to live in Silicon Valley.