Calif. loses mindboggling $1 trillion in wealth in past month alone over fears of ‘Billionaire Tax’: wealth guru - Peer2Peer

Calif. loses mindboggling $1 trillion in wealth in past month alone over fears of ‘Billionaire Tax’: wealth guru

Jan 12, 2026

“A complete and total unforced error. Where was the Governor? Where are our leaders??” fumed venture capitalist and former Facebook exec Chamath Palihapitiya.

https://nypost.com/2026/01/12/us-news/calif-loses-mind-boggling-1-trillion-in-wealth-in-past-month-alone-over-fears-of-billionaire-tax-wealth-guru/

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