California Billionaires Find Bliss in Nevada Border Town While Fleeing Wealth Tax
17th May 2026
Incline Village on the Nevada side of Lake Tahoe has seen an influx of ultra-wealthy Californians fleeing the state’s proposed billionaires tax.
Silicon Valley billionaires like Google co-founder Sergey Brin, SpaceX investor Steve Jurvetson, and Naveen Rao, with Unconventional AI, have recently moved to the Nevada bordertown on the north shore of Lake Tahoe ahead of a proposed “billionaire tax” in the state.
“Our primary market is Californians seeking tax refuge in Nevada and people buying second homes,” Cole Mizak, a top luxury real estate broker in the area told The Post.