00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Sergey Brin has taken steps to leave California.
00:05As a proposed ballot measure would impose a one-time 5% tax on residents with more
00:10than $1 billion in net worth, according to Bloomberg.
00:13Brin is the world's third-rate
00:15richest person with a $265 billion fortune, according to the Bloomberg Billion
00:20Airs Index.
00:21An LLC tied to Brin purchased a 5.14 acre estate.
00:25in Crystal Bay, Nevada, that was previously listed for $75 million
00:30and sold on December 5th after price cuts.
00:32Public records show multiple California-based
00:35LLCs linked to Brin were converted to Nevada.
00:38Neither Brin's representatives, the
00:40agent involved, nor the sellers responded to requests for comment.
00:43For all things money, visit
00:45Benzinga.com
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