Google cofounders Sergey Brin and Larry Page moved an LLC out of California ahead of proposed billionaire's tax
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An entity tied to Google cofounders Sergey Brin and Larry Page moved out of California at the end of 2025, beating the deadline on a proposed wealth tax of the state's rich and powerful. T-Rex LLC, formed in 2006 and linked to Brin and Page, converted out of California into a Delaware LLC called T-Rex Holdings on December 24, 2025, according to a California filing reviewed by Business Insider. Prior filings over the past 20 years listed Brin and Page as managers of the LLC at a Palo Alto address.
AI Summary
Main Idea: Sergey Brin and Larry Page moved a California-linked LLC out of the state before a proposed billionaire wealth tax could take effect.
Key Points:
- A company tied to the Google cofounders, T-Rex LLC, converted from a California entity to a Delaware LLC on December 24, 2025.
- The new filing listed the business as T-Rex Holdings and gave Reno, Nevada, as its principal office, while Brin and Page stayed listed as managers.
- The move came as California considered a ballot measure that would tax about 200 billionaires in the state 5% once.
- If approved, the tax would apply back to January 1, 2026, so leaving before the end of 2025 could help avoid it.
Impact on the People
Negative Impact
If wealthy founders like Sergey Brin and Larry Page leave California, the state could lose tax money and jobs linked to their spending and investments.
Positive Impact
California voters may get more debate over how to fund public services and close the budget gap.
How did each entity affect people?
Rate how each entity in this article affected the American people.
- Primary:Californiastate
- Primary:Larry Pageperson
- Primary:Sergey Brinperson
Candidate Entities6 candidates · 5 weighted vote min · 70% decision
- CaliforniastatePrimaryEvaluated
The state whose proposed wealth tax and residency rules are central to the article.
Include 0 (0%)Ignore 0 (0%)5 to threshold - Larry PagepersonPrimaryEvaluated
Google cofounder directly tied to the LLC move out of California and central to the article’s main focus.
Include 0 (0%)Ignore 0 (0%)5 to threshold - Sergey BrinpersonPrimaryEvaluated
Google cofounder directly tied to the LLC move out of California and to the article’s main focus on.
Include 0 (0%)Ignore 0 (0%)5 to threshold - GooglecompanyContextCandidate
The company Brin cofounded and the setting for the LLC’s possible naming reference, but not the main subject.
Include 0 (0%)Ignore 0 (0%)5 to threshold - Alex SpiropersonMinorCandidate
Named attorney who wrote the letter cited in the article; supporting figure rather than main focus.
Include 0 (0%)Ignore 0 (0%)5 to threshold - Governor Gavin NewsompersonMinorCandidate
Named in a letter urging action on the proposed tax, but only as a secondary political figure.
Include 0 (0%)Ignore 0 (0%)5 to threshold
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