Is It Any Sort of Useful Signal That Someone with an Estimated Net Worth Between $60 and $80 Million Fled California Because of High Taxes, High Prices, High Crime and Government Mismanagement?
April 2nd, 2025Has the situation in California crossed some sort of red line, where even seriously wealthy people can’t stand it anymore?
With this Producer Michael video below, you might be thinking, “Who cares? It’s one guy.”
But here’s the thing: It’s not just one guy.
I’ve known a few high net worth people and they usually have other high net worth people as friends. The friends will notice when one of their group flees for greener pastures (or, in this case, a desert hellscape that routinely sees temperatures over 110F).
The next thing you know, Producer Michael is talking about his move to some of his high net worth friends who are still in California… And a couple of million people on YouTube.
How many Producer Miachel-type people have to flee before the maniac kleptocrats who run California have an untenable budgetary problem on their hands?
Via: Producer Michael:
Related: Los Angeles Sales Tax Increased Again
Last Year: The Wealthiest Californians Are Leaving the State
