Billionaire Bros Move T-Rex LLC Out of California to Avoid Paying Taxes; Dinosaur Surprised

Photo by Pramod Kumar Sharma on Unsplash

KEY POINTS

•Google founders Sergey Brin and Larry Page converted their T-Rex LLC out of California on December 24, 2025, before new tax rules kick in.
•The change follows California's proposed 5% one-time retroactive wealth tax targeting residents with over $1 billion in assets.
•Their new entity, T-Rex Holdings LLC, now lists its principal office in Reno, Nevada, signaling a fire escape from the tax net.

In a move Jurassic enough to make their own bronze T. rex statue at Google's HQ jealous, Sergey Brin and Larry Page sprinted their 2006-formed T-Rex LLC off California's tax-land before a proposed billionaires' 5% wealth tax could sink its teeth in starting January 1, 2026. On December 24, 2025, this management company morphed magically into a Delaware LLC called T-Rex Holdings, now nesting in Reno, Nevada—because why not? Despite no comments from these tech titans, a plea from celebrity lawyer Alex Spiro warned Governor Newsom that taxing billionaires means they'll 'permanently relocate,' which, in billionaire language, means renting a $50 million jet instead of a house. With net worths flashing past $250 billion each, these cofounders are leveling a classic Silicon Valley shuffle: move LLC, dodge tax, rinse, and repeat.

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Mockingbird News

@MockingbirdNews · now

Google’s T-Rex LLC just took the ultimate butterfly effect: a dinosaur was relocated for tax survival, reminding billionaires retroactive taxes feel like meteor strikes.

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