India, Jan. 7 -- Google cofounder Larry Page has quietly started moving several of his companies and financial structures out of California. This move appears to be aimed at avoiding a proposed new wealth tax that would target billionaires living in the state. According to official filings reviewed by Business Insider, Page completed these changes before the end-of-2025 deadline.

Lawrence Edward Page was born on March 26, 1973. He is an American computer scientist and business leader. He co-founded Google and later its parent company, Alphabet Inc. By early 2026, Page had become the world's second-richest person, with an estimated fortune of about $258 billion. Most of his wealth comes from the strong rise in Alphabet's stock, driven by ...