BIST10014.138,85▼ 0.00%Pakistan Seeks $10 Billion US Facility to Shore Up ReservesUSD/TRY47.4732▲ 0.20%The Heavy‑Hitters of Istanbul Stock: Which Brokerage Firms Lead the Flow?EUR/TRY54.0346▲ 0.30%OpenAI’s $750 Billion Infrastructure Push: Georgia’s Camellia Project and Energy PlayBTC/USD$66,267.99▼ -0.50%GTN and Payward Expand xStocks into Global Markets: A New Tokenization FrontierGOLD6.298,27▲ 0.15%How UK Defense Spending Could Boost Economic Growth: Streeting's AnalysisBRENT$93.65▼ 0.00%Break Mola Turizm Rebrands as METRO PETROL VE TESISLERI A.Ş.: Strategic Shift Unveiled Alphabet's AI Spending Outpacing Profits: 35% Margin at RiskBIST10014.138,85▼ 0.00%Pakistan Seeks $10 Billion US Facility to Shore Up ReservesUSD/TRY47.4732▲ 0.20%The Heavy‑Hitters of Istanbul Stock: Which Brokerage Firms Lead the Flow?EUR/TRY54.0346▲ 0.30%OpenAI’s $750 Billion Infrastructure Push: Georgia’s Camellia Project and Energy PlayBTC/USD$66,267.99▼ -0.50%GTN and Payward Expand xStocks into Global Markets: A New Tokenization FrontierGOLD6.298,27▲ 0.15%How UK Defense Spending Could Boost Economic Growth: Streeting's AnalysisBRENT$93.65▼ 0.00%Break Mola Turizm Rebrands as METRO PETROL VE TESISLERI A.Ş.: Strategic Shift Unveiled Alphabet's AI Spending Outpacing Profits: 35% Margin at Risk

Global MarketsJuly 22, 2026 at 06:39 PM

Google Founders: Miami Rush Reveals Exodus from California's Tax Overhaul

724FinanceKemal Tekin

Google Founders: Miami Rush Reveals Exodus from California's Tax Overhaul

Larry Page and Sergey Brin's $250 million Miami real estate purchases mark the first wave of billionaires fleeing California's new tax reforms. Tech firms are snapping up office space, with 100+ companies relocating to Florida. Miami's real estate market, valued at $10 billion, surged 20% amid this influx. This shift reflects a broader trend of investors seeking lower taxes and regulatory flexibility.

California's tax changes could redirect capital flows to emerging markets, while Miami's rise as a tech hub positions it as a hedge against China's real estate crisis.