Google Founders Move Dozens of Companies Out of California

Entities associated with Sergey Brin and Larry Page underwent relocation or termination in California in the weeks leading up to and following Christmas 2025, according to media reports.

In the 10 days before Christmas 2025, an entity connected to Sergey Brin ended or moved 15 California limited liability companies, including those managing a superyacht and a private air terminal. Seven of these companies became Nevada entities during this period.

More than 45 limited liability companies linked to Larry Page were filed to become inactive or to move their registration out of California in late 2025. These actions involved business interests managed through various corporate structures.

On December 24, 2025, an entity jointly managed by Brin and Page was moved from California to Nevada. On the same day, T-Rex LLC, associated with both individuals, was converted from a California company to a Delaware entity and renamed T-Rex Holdings, with its principal office now listed in Reno, Nevada.

What the numbers show

• 15 Brin-linked California LLCs were ended or moved before Christmas 2025
• Over 45 Page-linked LLCs were filed to become inactive or leave California in late 2025
• A $71.9 million Miami mansion was purchased by a Page-linked trust in January 2026
• The proposed California wealth tax would apply to those with over $1 billion in net worth
• Brin and Page’s combined net worth exceeds $518 billion

In early January 2026, a trust associated with Larry Page completed the purchase of a $71.9 million mansion in the Coconut Grove area of Miami. This acquisition followed the relocation of multiple business entities out of California by parties linked to both Brin and Page.

The proposed California wealth tax initiative, introduced by a health care union, would impose a one-time 5 percent tax on residents with net worth above $1 billion, retroactive to January 1, 2026, if approved. The measure would allow affected individuals five years to pay the levy.

T-Rex LLC, originally formed in 2006 and managed from a Palo Alto address, underwent conversion to T-Rex Holdings and shifted its principal office to Nevada in December 2025. This change was part of a broader pattern of business relocations by entities tied to Brin and Page.

Other high-profile individuals, including Peter Thiel and David Sacks, have also established new connections outside California during the ongoing discussion about the proposed wealth tax. These developments reflect actions taken by several wealthy individuals and their business interests in response to the policy environment.

* This article is based on publicly available information at the time of writing.