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Event Brief

SF Billionaires Shift Assets Amid Wealth Tax Concerns

California's billionaires are relocating assets as a 5% wealth tax approaches, impacting local economy and real estate.
WHO: California billionaires
WHAT: Moving LLCs and purchasing homes in Florida
WHEN: Jan 14, 2026 at 7:00 PM ET
WHERE: San Francisco, CA
WHY: To avoid impending 5% wealth tax

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