Stand up for the entrepreneurs, innovators, and risk-takers building the future.
The world's most successful entrepreneurs are on track to reach a trillion dollars in personal net worth within the next decade. Rather than celebrating this milestone, legislators are already working to ensure it never happens.
The Billionaire Tax Act doesn't just target current billionaires—it creates a framework that would make it structurally impossible for any founder to scale beyond a certain level of success. By taxing unrealized gains and voting shares, it penalizes exactly the kind of long-term company building that California depends on.
Their wealth is overwhelmingly in stock—ownership stakes in companies that employ hundreds of thousands of people and generate billions in tax revenue. Capping that wealth means capping the ambition that creates it.
The founders closest to reaching a trillion dollars in net worth didn't inherit it. They built products and platforms that billions of people freely chose to use. Their continued success is not a problem to be solved—it's a measure of the value they've created.
Built the world's largest online marketplace and a commercial space company advancing humanity's future beyond Earth.
Net worth: ~$230BAccelerated the transition to electric vehicles, made space launch costs a fraction of what they were, and is building the infrastructure for a multi-planetary species.
Net worth: ~$400BConnected three billion people across the globe and is investing tens of billions in the next generation of computing platforms.
Net worth: ~$210BBuilt the computing platform powering the AI revolution, from data centers to autonomous vehicles to drug discovery.
Net worth: ~$125BCreated the database and cloud infrastructure that enterprises worldwide depend on to run their most critical operations.
Net worth: ~$200BBuilt an independent music empire, driving billions in economic activity and proving that individual creators can compete at global scale.
Net worth: ~$1.6BOf course, not all wealthy individuals use their resources responsibly. Some engage in rent-seeking, political manipulation, or outright exploitation. These criticisms have merit, but they apply to specific people and specific behaviors—not to the principle of wealth creation itself.
We believe the entrepreneurs building trillion-dollar companies will have made contributions to society on a scale we've never seen before. The appropriate response is to hold individuals accountable for their actions while preserving the conditions that allow extraordinary value creation to happen.
Placing arbitrary caps on success doesn't punish bad actors. It punishes ambition.
Mission Street entrance. Coffee and light refreshments provided.
Down Market Street toward Civic Center.
Community speakers and a moment to reflect on what's at stake.
Speeches, celebration, and a call to action.