![\"Nvidia](\"https:\/\/static.toiimg.com\/thumb\/msid-130201923,imgsize-51818,width-400,height-225,resizemode-4\/jensen-huang.jpg\" "\\"Jensen")
<\/div>\n<\/div>\n<\/div>\nNvidia CEO Jensen Huang has now made a strong case for California. According to a report by Bloomberg, Huang has urged the people not to leave the state despite its high taxes. The comments made by the Nvidia CEO comes at a time when several billionaires have relocated elsewhere, citing frustration over the proposed wealth tax. Speaking at an event at the Stanford alongside Congressman Ro Khanna and former national security adviser H.R. McMaster, Huang said: \u201cI say to everybody, \u2018Move to California. Don\u2019t leave. It\u2019s the highest taxes in the world, but it\u2019s OK. The weather is great.\u2019\u201dHuang, who has a net worth of $152.3 billion according to the Bloomberg Billionaires Index, stressed that he is \u201cperfectly fine\u201d with new taxes, noting that living in Silicon Valley is a choice he embraces.<\/p>\n His remarks contrast with the actions of other tech leaders. Google co\u2011founders Sergey Brin and Larry Page have left California, while investor Peter Thiel opened a Miami office for Thiel Capital. Venture capitalist David Sacks, now serving as an AI czar, also announced his move to Austin.These departures follow a proposed ballot initiative that would impose a one\u2011time 5% levy on billionaires\u2019 net worth to help fund healthcare programs.<\/p>\n Poll<\/p>\n What do you believe is the most attractive aspect of California for tech leaders?<\/p>\n<\/div>\n<\/div>\n<\/div>\n Huang\u2019s stance highlights a divide among Silicon Valley elites. While some see California\u2019s taxes as a burden, Huang argues the state\u2019s climate, innovation ecosystem, and talent pool outweigh financial concerns. His comments suggest that for Nvidia\u2019s chief, California remains the epicenter of technology and opportunity, even as others look for friendlier tax environments.<\/div>\n<\/div>\n\nBillionaires departing the state<\/h2>\n<\/p>\n