PolicyEngine

California Proposition 40 billionaire tax calculator

Proposition 40, on the November 3, 2026 ballot, is a one-time tax of 5% of the entire net worth of California residents (as of January 1, 2026) worth $1 billion or more, valued December 31, 2026. This calculator scores it person by person from Forbes data and shows what each contested assumption is worth, including the ones behind the Berkeley and Hoover estimates.

Measure textLAO analysisPropositions 41 and 42 on the same ballot can block it if either gets more yes votes

What separates the published estimates

Berkeley assumptions +$106.2B → Hoover assumptions -$37.2B, on the same people, Forbes data as of 2026-09-19, net present value as of 2026. Each bar is one assumption's worth, averaged over every order the assumptions could be applied in, so the bars sum exactly to the gap. Click a bar to change that assumption.

Fromto

Statutory score: One-time wealth-tax revenue

+$121.1B

Present value as of 2026: +$117.6B

Nominal receipts, first due with 2026 returns in 2027. Excludes future California income-tax losses. Forbes as of Sep 19, 2026, 5:25 AM PDT.

Start from

The Legislative Analyst's Office expects “tens of billions of dollars spread over several years” and calls an ongoing income-tax decrease of “less than $1 billion per year” possible.

Who pays the income tax matters when the largest fortunes are the movers

Net present value as of 2026 with income-tax effects counted, across how much of the reachable base left before January 1 without public notice and how much California income tax the cohort pays in total. Same axes, same colors, two ways of dividing that total among people. Other assumptions as in your scenario. The two grids coincide right now: with no documented departure applied, the unannounced share takes the same slice of everyone's income tax under either division. Apply a departure claim in the residency panel and the grids separate.

Divided by wealth (Rauh et al.)

0%, $1.0B: +$117.6B5%, $1.0B: +$110.0B10%, $1.0B: +$102.5B15%, $1.0B: +$94.9B20%, $1.0B: +$87.4B25%, $1.0B: +$79.8B30%, $1.0B: +$72.3B35%, $1.0B: +$64.7B40%, $1.0B: +$57.2B45%, $1.0B: +$49.7B50%, $1.0B: +$42.1B55%, $1.0B: +$34.6B60%, $1.0B: +$27.0B65%, $1.0B: +$19.5B70%, $1.0B: +$11.9B75%, $1.0B: +$4.4B80%, $1.0B: -$3.2B85%, $1.0B: -$10.7B90%, $1.0B: -$18.2B95%, $1.0B: -$25.8B100%, $1.0B: -$33.3B0%, $1.5B: +$117.6B5%, $1.5B: +$109.2B10%, $1.5B: +$100.8B15%, $1.5B: +$92.4B20%, $1.5B: +$84.0B25%, $1.5B: +$75.7B30%, $1.5B: +$67.3B35%, $1.5B: +$58.9B40%, $1.5B: +$50.5B45%, $1.5B: +$42.2B50%, $1.5B: +$33.8B55%, $1.5B: +$25.4B60%, $1.5B: +$17.0B65%, $1.5B: +$8.6B70%, $1.5B: +$0.3B75%, $1.5B: -$8.1B80%, $1.5B: -$16.5B85%, $1.5B: -$24.9B90%, $1.5B: -$33.2B95%, $1.5B: -$41.6B100%, $1.5B: -$50.0B0%, $2.0B: +$117.6B5%, $2.0B: +$108.3B10%, $2.0B: +$99.1B15%, $2.0B: +$89.9B20%, $2.0B: +$80.7B25%, $2.0B: +$71.5B30%, $2.0B: +$62.3B35%, $2.0B: +$53.1B40%, $2.0B: +$43.9B45%, $2.0B: +$34.7B50%, $2.0B: +$25.4B55%, $2.0B: +$16.2B60%, $2.0B: +$7.0B65%, $2.0B: -$2.2B70%, $2.0B: -$11.4B75%, $2.0B: -$20.6B80%, $2.0B: -$29.8B85%, $2.0B: -$39.0B90%, $2.0B: -$48.2B95%, $2.0B: -$57.5B100%, $2.0B: -$66.7B0%, $2.5B: +$117.6B5%, $2.5B: +$107.5B10%, $2.5B: +$97.5B15%, $2.5B: +$87.4B20%, $2.5B: +$77.4B25%, $2.5B: +$67.3B30%, $2.5B: +$57.3B35%, $2.5B: +$47.2B40%, $2.5B: +$37.2B45%, $2.5B: +$27.2B50%, $2.5B: +$17.1B55%, $2.5B: +$7.1B60%, $2.5B: -$3.0B65%, $2.5B: -$13.0B70%, $2.5B: -$23.1B75%, $2.5B: -$33.1B80%, $2.5B: -$43.2B85%, $2.5B: -$53.2B90%, $2.5B: -$63.2B95%, $2.5B: -$73.3B100%, $2.5B: -$83.3B0%, $3.0B: +$117.6B5%, $3.0B: +$106.7B10%, $3.0B: +$95.8B15%, $3.0B: +$84.9B20%, $3.0B: +$74.0B25%, $3.0B: +$63.2B30%, $3.0B: +$52.3B35%, $3.0B: +$41.4B40%, $3.0B: +$30.5B45%, $3.0B: +$19.7B50%, $3.0B: +$8.8B55%, $3.0B: -$2.1B60%, $3.0B: -$13.0B65%, $3.0B: -$23.9B70%, $3.0B: -$34.7B75%, $3.0B: -$45.6B80%, $3.0B: -$56.5B85%, $3.0B: -$67.4B90%, $3.0B: -$78.2B95%, $3.0B: -$89.1B100%, $3.0B: -$100.0B0%, $3.5B: +$117.6B5%, $3.5B: +$105.8B10%, $3.5B: +$94.1B15%, $3.5B: +$82.4B20%, $3.5B: +$70.7B25%, $3.5B: +$59.0B30%, $3.5B: +$47.3B35%, $3.5B: +$35.6B40%, $3.5B: +$23.9B45%, $3.5B: +$12.2B50%, $3.5B: +$0.4B55%, $3.5B: -$11.3B60%, $3.5B: -$23.0B65%, $3.5B: -$34.7B70%, $3.5B: -$46.4B75%, $3.5B: -$58.1B80%, $3.5B: -$69.8B85%, $3.5B: -$81.5B90%, $3.5B: -$93.2B95%, $3.5B: -$105.0B100%, $3.5B: -$116.7B0%, $4.0B: +$117.6B5%, $4.0B: +$105.0B10%, $4.0B: +$92.5B15%, $4.0B: +$79.9B20%, $4.0B: +$67.4B25%, $4.0B: +$54.8B30%, $4.0B: +$42.3B35%, $4.0B: +$29.7B40%, $4.0B: +$17.2B45%, $4.0B: +$4.7B50%, $4.0B: -$7.9B55%, $4.0B: -$20.4B60%, $4.0B: -$33.0B65%, $4.0B: -$45.5B70%, $4.0B: -$58.1B75%, $4.0B: -$70.6B80%, $4.0B: -$83.2B85%, $4.0B: -$95.7B90%, $4.0B: -$108.2B95%, $4.0B: -$120.8B100%, $4.0B: -$133.3B0%, $4.5B: +$117.6B5%, $4.5B: +$104.2B10%, $4.5B: +$90.8B15%, $4.5B: +$77.4B20%, $4.5B: +$64.0B25%, $4.5B: +$50.7B30%, $4.5B: +$37.3B35%, $4.5B: +$23.9B40%, $4.5B: +$10.5B45%, $4.5B: -$2.8B50%, $4.5B: -$16.2B55%, $4.5B: -$29.6B60%, $4.5B: -$43.0B65%, $4.5B: -$56.4B70%, $4.5B: -$69.7B75%, $4.5B: -$83.1B80%, $4.5B: -$96.5B85%, $4.5B: -$109.9B90%, $4.5B: -$123.2B95%, $4.5B: -$136.6B100%, $4.5B: -$150.0B0%, $5.0B: +$117.6B5%, $5.0B: +$103.3B10%, $5.0B: +$89.1B15%, $5.0B: +$74.9B20%, $5.0B: +$60.7B25%, $5.0B: +$46.5B30%, $5.0B: +$32.3B35%, $5.0B: +$18.1B40%, $5.0B: +$3.9B45%, $5.0B: -$10.3B50%, $5.0B: -$24.6B55%, $5.0B: -$38.8B60%, $5.0B: -$53.0B65%, $5.0B: -$67.2B70%, $5.0B: -$81.4B75%, $5.0B: -$95.6B80%, $5.0B: -$109.8B85%, $5.0B: -$124.0B90%, $5.0B: -$138.2B95%, $5.0B: -$152.5B100%, $5.0B: -$166.7B0%, $5.5B: +$117.6B5%, $5.5B: +$102.5B10%, $5.5B: +$87.5B15%, $5.5B: +$72.4B20%, $5.5B: +$57.4B25%, $5.5B: +$42.3B30%, $5.5B: +$27.3B35%, $5.5B: +$12.2B40%, $5.5B: -$2.8B45%, $5.5B: -$17.8B50%, $5.5B: -$32.9B55%, $5.5B: -$47.9B60%, $5.5B: -$63.0B65%, $5.5B: -$78.0B70%, $5.5B: -$93.1B75%, $5.5B: -$108.1B80%, $5.5B: -$123.2B85%, $5.5B: -$138.2B90%, $5.5B: -$153.2B95%, $5.5B: -$168.3B100%, $5.5B: -$183.3B0%, $6.0B: +$117.6B5%, $6.0B: +$101.7B10%, $6.0B: +$85.8B15%, $6.0B: +$69.9B20%, $6.0B: +$54.0B25%, $6.0B: +$38.2B30%, $6.0B: +$22.3B35%, $6.0B: +$6.4B40%, $6.0B: -$9.5B45%, $6.0B: -$25.3B50%, $6.0B: -$41.2B55%, $6.0B: -$57.1B60%, $6.0B: -$73.0B65%, $6.0B: -$88.9B70%, $6.0B: -$104.7B75%, $6.0B: -$120.6B80%, $6.0B: -$136.5B85%, $6.0B: -$152.4B90%, $6.0B: -$168.2B95%, $6.0B: -$184.1B100%, $6.0B: -$200.0B0%, $6.5B: +$117.6B5%, $6.5B: +$100.8B10%, $6.5B: +$84.1B15%, $6.5B: +$67.4B20%, $6.5B: +$50.7B25%, $6.5B: +$34.0B30%, $6.5B: +$17.3B35%, $6.5B: +$0.6B40%, $6.5B: -$16.1B45%, $6.5B: -$32.8B50%, $6.5B: -$49.6B55%, $6.5B: -$66.3B60%, $6.5B: -$83.0B65%, $6.5B: -$99.7B70%, $6.5B: -$116.4B75%, $6.5B: -$133.1B80%, $6.5B: -$149.8B85%, $6.5B: -$166.5B90%, $6.5B: -$183.2B95%, $6.5B: -$200.0B100%, $6.5B: -$216.7B0%, $7.0B: +$117.6B5%, $7.0B: +$100.0B10%, $7.0B: +$82.5B15%, $7.0B: +$64.9B20%, $7.0B: +$47.4B25%, $7.0B: +$29.8B30%, $7.0B: +$12.3B35%, $7.0B: -$5.3B40%, $7.0B: -$22.8B45%, $7.0B: -$40.3B50%, $7.0B: -$57.9B55%, $7.0B: -$75.4B60%, $7.0B: -$93.0B65%, $7.0B: -$110.5B70%, $7.0B: -$128.1B75%, $7.0B: -$145.6B80%, $7.0B: -$163.2B85%, $7.0B: -$180.7B90%, $7.0B: -$198.2B95%, $7.0B: -$215.8B100%, $7.0B: -$233.3B0%, $7.5B: +$117.6B5%, $7.5B: +$99.2B10%, $7.5B: +$80.8B15%, $7.5B: +$62.4B20%, $7.5B: +$44.0B25%, $7.5B: +$25.7B30%, $7.5B: +$7.3B35%, $7.5B: -$11.1B40%, $7.5B: -$29.5B45%, $7.5B: -$47.8B50%, $7.5B: -$66.2B55%, $7.5B: -$84.6B60%, $7.5B: -$103.0B65%, $7.5B: -$121.4B70%, $7.5B: -$139.7B75%, $7.5B: -$158.1B80%, $7.5B: -$176.5B85%, $7.5B: -$194.9B90%, $7.5B: -$213.2B95%, $7.5B: -$231.6B100%, $7.5B: -$250.0B0%, $8.0B: +$117.6B5%, $8.0B: +$98.3B10%, $8.0B: +$79.1B15%, $8.0B: +$59.9B20%, $8.0B: +$40.7B25%, $8.0B: +$21.5B30%, $8.0B: +$2.3B35%, $8.0B: -$16.9B40%, $8.0B: -$36.1B45%, $8.0B: -$55.3B50%, $8.0B: -$74.6B55%, $8.0B: -$93.8B60%, $8.0B: -$113.0B65%, $8.0B: -$132.2B70%, $8.0B: -$151.4B75%, $8.0B: -$170.6B80%, $8.0B: -$189.8B85%, $8.0B: -$209.0B90%, $8.0B: -$228.2B95%, $8.0B: -$247.5B100%, $8.0B: -$266.7B0%10%20%30%40%50%60%70%80%90%100%$1.0B$2.0B$3.0B$4.0B$5.0B$6.0B$7.0B$8.0BUnannounced departures before January 1 (share of the reachable base)Cohort income tax, $B a year

Filings for the four largest fortunes, the rest by wealth

0%, $1.0B: +$117.6B5%, $1.0B: +$110.0B10%, $1.0B: +$102.5B15%, $1.0B: +$94.9B20%, $1.0B: +$87.4B25%, $1.0B: +$79.8B30%, $1.0B: +$72.3B35%, $1.0B: +$64.7B40%, $1.0B: +$57.2B45%, $1.0B: +$49.7B50%, $1.0B: +$42.1B55%, $1.0B: +$34.6B60%, $1.0B: +$27.0B65%, $1.0B: +$19.5B70%, $1.0B: +$11.9B75%, $1.0B: +$4.4B80%, $1.0B: -$3.2B85%, $1.0B: -$10.7B90%, $1.0B: -$18.2B95%, $1.0B: -$25.8B100%, $1.0B: -$33.3B0%, $1.5B: +$117.6B5%, $1.5B: +$109.2B10%, $1.5B: +$100.8B15%, $1.5B: +$92.4B20%, $1.5B: +$84.0B25%, $1.5B: +$75.7B30%, $1.5B: +$67.3B35%, $1.5B: +$58.9B40%, $1.5B: +$50.5B45%, $1.5B: +$42.2B50%, $1.5B: +$33.8B55%, $1.5B: +$25.4B60%, $1.5B: +$17.0B65%, $1.5B: +$8.6B70%, $1.5B: +$0.3B75%, $1.5B: -$8.1B80%, $1.5B: -$16.5B85%, $1.5B: -$24.9B90%, $1.5B: -$33.2B95%, $1.5B: -$41.6B100%, $1.5B: -$50.0B0%, $2.0B: +$117.6B5%, $2.0B: +$108.3B10%, $2.0B: +$99.1B15%, $2.0B: +$89.9B20%, $2.0B: +$80.7B25%, $2.0B: +$71.5B30%, $2.0B: +$62.3B35%, $2.0B: +$53.1B40%, $2.0B: +$43.9B45%, $2.0B: +$34.7B50%, $2.0B: 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$3.5B: +$117.6B5%, $3.5B: +$105.8B10%, $3.5B: +$94.1B15%, $3.5B: +$82.4B20%, $3.5B: +$70.7B25%, $3.5B: +$59.0B30%, $3.5B: +$47.3B35%, $3.5B: +$35.6B40%, $3.5B: +$23.9B45%, $3.5B: +$12.2B50%, $3.5B: +$0.4B55%, $3.5B: -$11.3B60%, $3.5B: -$23.0B65%, $3.5B: -$34.7B70%, $3.5B: -$46.4B75%, $3.5B: -$58.1B80%, $3.5B: -$69.8B85%, $3.5B: -$81.5B90%, $3.5B: -$93.2B95%, $3.5B: -$105.0B100%, $3.5B: -$116.7B0%, $4.0B: +$117.6B5%, $4.0B: +$105.0B10%, $4.0B: +$92.5B15%, $4.0B: +$79.9B20%, $4.0B: +$67.4B25%, $4.0B: +$54.8B30%, $4.0B: +$42.3B35%, $4.0B: +$29.7B40%, $4.0B: +$17.2B45%, $4.0B: +$4.7B50%, $4.0B: -$7.9B55%, $4.0B: -$20.4B60%, $4.0B: -$33.0B65%, $4.0B: -$45.5B70%, $4.0B: -$58.1B75%, $4.0B: -$70.6B80%, $4.0B: -$83.2B85%, $4.0B: -$95.7B90%, $4.0B: -$108.2B95%, $4.0B: -$120.8B100%, $4.0B: -$133.3B0%, $4.5B: +$117.6B5%, $4.5B: +$104.2B10%, $4.5B: +$90.8B15%, $4.5B: +$77.4B20%, $4.5B: +$64.0B25%, $4.5B: +$50.7B30%, $4.5B: +$37.3B35%, $4.5B: +$23.9B40%, $4.5B: +$10.5B45%, $4.5B: -$2.8B50%, $4.5B: -$16.2B55%, $4.5B: -$29.6B60%, $4.5B: -$43.0B65%, $4.5B: -$56.4B70%, $4.5B: -$69.7B75%, $4.5B: -$83.1B80%, $4.5B: -$96.5B85%, $4.5B: -$109.9B90%, $4.5B: -$123.2B95%, $4.5B: -$136.6B100%, $4.5B: -$150.0B0%, $5.0B: +$117.6B5%, $5.0B: +$103.3B10%, $5.0B: +$89.1B15%, $5.0B: +$74.9B20%, $5.0B: +$60.7B25%, $5.0B: +$46.5B30%, $5.0B: +$32.3B35%, $5.0B: +$18.1B40%, $5.0B: +$3.9B45%, $5.0B: -$10.3B50%, $5.0B: -$24.6B55%, $5.0B: -$38.8B60%, $5.0B: -$53.0B65%, $5.0B: -$67.2B70%, $5.0B: -$81.4B75%, $5.0B: -$95.6B80%, $5.0B: -$109.8B85%, $5.0B: -$124.0B90%, $5.0B: -$138.2B95%, $5.0B: -$152.5B100%, $5.0B: -$166.7B0%, $5.5B: +$117.6B5%, $5.5B: +$102.5B10%, $5.5B: +$87.5B15%, $5.5B: +$72.4B20%, $5.5B: +$57.4B25%, $5.5B: +$42.3B30%, $5.5B: +$27.3B35%, $5.5B: +$12.2B40%, $5.5B: -$2.8B45%, $5.5B: -$17.8B50%, $5.5B: -$32.9B55%, $5.5B: -$47.9B60%, $5.5B: -$63.0B65%, $5.5B: -$78.0B70%, $5.5B: -$93.1B75%, $5.5B: -$108.1B80%, $5.5B: -$123.2B85%, $5.5B: -$138.2B90%, $5.5B: -$153.2B95%, $5.5B: -$168.3B100%, $5.5B: -$183.3B0%, $6.0B: +$117.6B5%, $6.0B: +$101.7B10%, $6.0B: +$85.8B15%, $6.0B: +$69.9B20%, $6.0B: +$54.0B25%, $6.0B: +$38.2B30%, $6.0B: +$22.3B35%, $6.0B: +$6.4B40%, $6.0B: -$9.5B45%, $6.0B: -$25.3B50%, $6.0B: -$41.2B55%, $6.0B: -$57.1B60%, $6.0B: -$73.0B65%, $6.0B: -$88.9B70%, $6.0B: -$104.7B75%, $6.0B: -$120.6B80%, $6.0B: -$136.5B85%, $6.0B: -$152.4B90%, $6.0B: -$168.2B95%, $6.0B: -$184.1B100%, $6.0B: -$200.0B0%, $6.5B: +$117.6B5%, $6.5B: +$100.8B10%, $6.5B: +$84.1B15%, $6.5B: +$67.4B20%, $6.5B: +$50.7B25%, $6.5B: +$34.0B30%, $6.5B: +$17.3B35%, $6.5B: +$0.6B40%, $6.5B: -$16.1B45%, $6.5B: -$32.8B50%, $6.5B: -$49.6B55%, $6.5B: -$66.3B60%, $6.5B: -$83.0B65%, $6.5B: -$99.7B70%, $6.5B: -$116.4B75%, $6.5B: -$133.1B80%, $6.5B: -$149.8B85%, $6.5B: -$166.5B90%, $6.5B: -$183.2B95%, $6.5B: -$200.0B100%, $6.5B: -$216.7B0%, $7.0B: +$117.6B5%, $7.0B: +$100.0B10%, $7.0B: +$82.5B15%, $7.0B: +$64.9B20%, $7.0B: +$47.4B25%, $7.0B: +$29.8B30%, $7.0B: +$12.3B35%, $7.0B: -$5.3B40%, $7.0B: -$22.8B45%, $7.0B: -$40.3B50%, $7.0B: -$57.9B55%, $7.0B: -$75.4B60%, $7.0B: -$93.0B65%, $7.0B: -$110.5B70%, $7.0B: -$128.1B75%, $7.0B: -$145.6B80%, $7.0B: -$163.2B85%, $7.0B: -$180.7B90%, $7.0B: -$198.2B95%, $7.0B: -$215.8B100%, $7.0B: -$233.3B0%, $7.5B: +$117.6B5%, $7.5B: +$99.2B10%, $7.5B: +$80.8B15%, $7.5B: +$62.4B20%, $7.5B: +$44.0B25%, $7.5B: +$25.7B30%, $7.5B: +$7.3B35%, $7.5B: -$11.1B40%, $7.5B: -$29.5B45%, $7.5B: -$47.8B50%, $7.5B: -$66.2B55%, $7.5B: -$84.6B60%, $7.5B: -$103.0B65%, $7.5B: -$121.4B70%, $7.5B: -$139.7B75%, $7.5B: -$158.1B80%, $7.5B: -$176.5B85%, $7.5B: -$194.9B90%, $7.5B: -$213.2B95%, $7.5B: -$231.6B100%, $7.5B: -$250.0B0%, $8.0B: +$117.6B5%, $8.0B: +$98.3B10%, $8.0B: +$79.1B15%, $8.0B: +$59.9B20%, $8.0B: +$40.7B25%, $8.0B: +$21.5B30%, $8.0B: +$2.3B35%, $8.0B: -$16.9B40%, $8.0B: -$36.1B45%, $8.0B: -$55.3B50%, $8.0B: -$74.6B55%, $8.0B: -$93.8B60%, $8.0B: -$113.0B65%, $8.0B: -$132.2B70%, $8.0B: -$151.4B75%, $8.0B: -$170.6B80%, $8.0B: -$189.8B85%, $8.0B: -$209.0B90%, $8.0B: -$228.2B95%, $8.0B: -$247.5B100%, $8.0B: -$266.7B0%10%20%30%40%50%60%70%80%90%100%$1.0B$2.0B$3.0B$4.0B$5.0B$6.0B$7.0B$8.0BUnannounced departures before January 1 (share of the reachable base)Cohort income tax, $B a year

Who pays

Everyone Forbes listed in California on January 1, 2026, valued at their Forbes worth on 2026-09-19 wherever Forbes lists them, plus everyone Forbes has added to its California list since.

Known separately listed spouses (Jay-Z and Beyoncé; Lynda and Stewart Resnick) share one wealth-tax threshold and rate, including both spouses' observed assets if either remains a resident. The table allocates joint liability to their asset shares; income tax stays person-based. Other unobserved spouse and minor-child assets are not available in Forbes data.

Derivation
Statutory wealth tax, everyone in the base$121.1B
After haircut$121.1B
Nominal receipts$121.1B
Present value of receipts (2026)$117.6B
Net present value+$117.6B
  • 269 people are in the tax base under the current assumptions.
  • 56 people ($264.0B) are on Forbes' California list now and were not on its January 1, 2026 list. They are assumed to have been California residents on January 1.
  • 6 people ($69.7B) were on Forbes' California list on January 1, 2026 and are listed elsewhere now. They stay in the base at their current Forbes worth unless removed under residency.
  • 9 people ($23.6B) from the January 1 list are no longer on any Forbes list. They are carried at the last positive value in the stored daily Forbes history.
  • 5 people are under $1 billion and out of the base, 3 of them only once directly held real estate is removed.
  • The January 1 list is rebuilt from US-citizen Forbes profiles, so the 24 non-US citizens Forbes now places in California ($158.4B) enter only through the current list, with their January 1 residency assumed. Galle, Gamage, Saez and Shanske add the same group.

The income-tax column is what each person pays a year. The derivation's lost income tax is the rows of people removed or marked as leaving, plus the modeled share of everyone else's, times the attribution rate.

NameNet worthRE excludedRateWealth taxCA income tax/yr
Larry Page
Pre-snapshot departure

Real estate holdings: $102M excluded from taxable wealth

$285.8B$102M5.0%$14.3B$57M
Sergey Brin
Pre-snapshot departure

Real estate holdings: $35M excluded from taxable wealth

$263.0B$35M5.0%$13.1B$37M
Mark Zuckerberg
Post-snapshot departure

Real estate holdings: $300M excluded from taxable wealth

$228.6B$300M5.0%$11.4B$101M
Jensen Huang

Real estate holdings: $52M excluded from taxable wealth

$192.5B$52M5.0%$9.6B$57M
Andreas von Bechtolsheim & family
Not on the Jan. 1 list; residency assumed

Real estate holdings: $257M (imputed at 0.64% of net worth) excluded from taxable wealth

$40.2B$257M5.0%$2.0B$111M
Eric Schmidt

Real estate holdings: $600M excluded from taxable wealth

$38.7B$600M5.0%$1.9B$107M
Peter Thiel
Pre-snapshot departureForbes now lists Buenos Aires

Real estate holdings: $77M excluded from taxable wealth

$36.1B$77M5.0%$1.8B$100M
Henry Samueli

Real estate holdings: $20M excluded from taxable wealth

$33.8B$20M5.0%$1.7B$93M
John Tu

Real estate holdings: $7.3M excluded from taxable wealth

$32.8B$7.3M5.0%$1.6B$90M
David Sun
$32.7B—5.0%$1.6B$90M
Robert Pera

Real estate holdings: $22M excluded from taxable wealth

$29.6B$22M5.0%$1.5B$82M
Greg Brockman
Not on the Jan. 1 list; residency assumed

Real estate holdings: $163M (imputed at 0.64% of net worth) excluded from taxable wealth

$25.5B$163M5.0%$1.3B$70M
Brett Adcock
$23.4B—5.0%$1.2B$64M
John Doerr
$23.2B—5.0%$1.2B$64M
Henry Nicholas III

Real estate holdings: $20M excluded from taxable wealth

$21.8B$20M5.0%$1.1B$60M
Donald Bren
$19.8B—5.0%$990M$55M
Jan Koum
Reported departure

Real estate holdings: $400M excluded from taxable wealth

$18.6B$400M5.0%$912M$51M
Eric Smidt

Real estate holdings: $54M excluded from taxable wealth

$17.8B$54M5.0%$885M$49M
John Collison
Not on the Jan. 1 list; residency assumed

Real estate holdings: $112M (imputed at 0.64% of net worth) excluded from taxable wealth

$17.5B$112M5.0%$869M$48M
Patrick Collison
Not on the Jan. 1 list; residency assumed

Real estate holdings: $112M (imputed at 0.64% of net worth) excluded from taxable wealth

$17.5B$112M5.0%$869M$48M
Included total (269 of 274)$2435.4B$121.1B$4.3B