Billionaire Uber cofounder Travis Kalanick moved to Texas—dodging a possible $180 million hit from California’s billionaire tax
Kalanick has owned a Lake Austin home for five years. He made it his primary residence two weeks before California’s proposed wealth tax would have applied to him.
More in MONEY
Perth Airport's Jason Waters warns of years of disruption as terminal consolidation nears
Nigel Teo Built GoodHood.SG to Revive Singapore's Kampung Spirit — and Funded It Himself for Years
Dongshan Precision's HK$10.7 billion Hong Kong IPO draws fewer than 10,000 retail applicants in mega-listing flop