Fortune August 23, 2026 • 13:09

The tax escape map: Billionaires are bolting for Florida from the West Coast and taking some $29 billion in tax revenue with them - Fortune

By Marco Quiroz-Gutierrez

The tax escape map: Billionaires are bolting for Florida from the West Coast and taking some $29 billion in tax revenue with them - Fortune

Driven partly by proposed wealth taxes, some of America’s richest people have poured hundreds of millions of dollars into waterfront Florida real estate.

The billionaire exodus from the West Coast to Florida is underway as the ultrawealthy seek refuge from wealth taxes in states like California and Washington.Google cofounders Larry Page (net worth $2… [+9679 chars]

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