Key Alphabet leadership is actively relocating personal assets and business operations away from California due to concerns about proposed wealth taxation.

"Page bought a waterfront compound for $101.5 million in December as well as a nearby home for $71.9 million, which he bought in early January, while Brin was reportedly closing in on a purchase at that time as well... Brin bought a $51 million waterfront home in Miami Beach shortly after Page's purchase."