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Event Brief

Ultrawealthy Consider $500 Million Fund for Politics

Silicon Valley billionaires propose a fund to reshape California politics amid rising taxes and regulations.
WHO: Silicon Valley billionaires
WHAT: Proposed fund to influence state politics
WHEN: Mar 12, 2026 at 11:14 AM ET
WHERE: California
WHY: To counteract threats of increased taxes and regulations
Sources (1): Bloomberg

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