Few figures are as synonymous with Hollywood quite like director Steven Spielberg.
From “Jaws” to “E.T.” to countless others, the 79-year-old Spielberg’s penchant for movie-making has helped the longtime director carve out a legendary career in Hollywood — and a small fortune.
Given Spielberg’s association with Tinseltown, it should be little surprise that he’s also quite connected with the state that Hollywood is located in — California.
Well, that connection appears to have been severed.
Spielberg has officially taken his talents to New York (or Manhattan, to be more specific) amid a broader “billionaire exodus” happening in the Golden State, according to theNew York Post.
The outlet reported that Spielberg’s departure comes amid other prominent billionaires eyeing greener pastures.
TheLos Angeles Times, for instance, noted that Meta founder Mark Zuckerberg is looking to move to Florida. Billionaire Elon Musk, meanwhile, has been systematically moving all of his businesses out of California.
Other notable billionaire departures from California include In n Out Burger heiress Lynsi Snyder, tech mogul Peter Thiel, and White House advisor David Sacks, per theNew York Post.
The reason they’re fleeing the Golden State, including its sunny weather and impeccable beaches?
Many are presuming that they’re all leaving ahead of a November vote that could hit California billionaires with a controversial “wealth tax.”
Source: VidNews » Feed
