Over $1.5 TRILLION in billionaire wealth has left California since 2019.
Major relocations include:
• Elon Musk (Tesla, X, etc.)
• Larry Ellison (Oracle)
• Drew Houston (Dropbox)
• Joe Lonsdale (Palantir/8VC)
• Larry Page (Google co-founder)
• Sergey Brin (Google co-founder)
• Peter Thiel (PayPal/Palantir)
• David Sacks (Craft Ventures)
• Don Hankey (Hankey Group)
• Lynsi Snyder (In-N-Out Burger)
• Mark Zuckerberg (Meta)
Over $1 trillion shifted out in the last 80 days since the 5% Billionaire Tax Act was proposed on November 25, 2025.

Twitter

This trader made a total of 48 predictions of market movements within 15 minutes, earning a net profit of $80,000 in one day.

Earning $80,000 a day, this top player treats Polymarket like an ATM.

Written by: Mahe, Foresight News
Solana, one of the most successful public blockchains, is also facing a winter.
Since the market crash on February 5th, Solana's token SOL once fell to $67, a new low since December 2023. As of now, SOL is currently priced at $80, a 24-hour drop of 3.57%. Looking at the monthly chart, SOL has been declining for five consecutive months since its October 2025 high, with a maximum drop exceeding 71%. The most well-known aspect of this ecosystem...

Meme wanes, narratives cool: Solana's cyclical boom ends as it falls below $80.

Original article | Odaily Odaily(@OdailyChina)
Author | Ethan (@ethanzhang_web3)
One night some time ago, I saw an interesting debate in a crypto trader group.
It all started when someone posted a screenshot of Nvidia's stock price breaking $190, captioned: "I told you guys to allocate some US stocks, now you regret it, right?" The group chat exploded instantly. Some complained about the hassle of opening a brokerage account, others grumbled about the agonizingly slow cross-border fund transfers, and still others simply said, "My USDT is just sitting in my wallet, I want to buy..."

From Bitcoin to Nvidia: How Gate is building an "all-in-one trading account" for the Web3 era?

People don’t know that California’s top 1% pays 45% of state income tax.
Even a small billionaire moving out can hit the tax base fast.