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Nvidia CEO Jensen Huang Could Owe $8B Under California’s 5% Billionaire Tax — But Says ‘I Haven’t Thought About It Even Once’

A proposed wealth tax in California has renewed questions about whether billionaires might reconsider where they live and companies choose to build. In a recent Bloomberg interview, Nvidia (NASDAQ:NVDA) CEO Jensen Huang said he has not given the proposal any thought, even though the tax could cost him nearly $8 billion if it becomes law. “I haven’t thought about it even once,” Huang said. “We work in Silicon Valley because that’s where the talent pool is.” Don’t Miss: Missed Nvidia and Tesla? RA