Brin Linked to Nevada Mansion Purchase as California Tax Looms

A mansion on the Nevada side of Lake Tahoe, complete with a waterfront guest house and two funiculars, sold for $42 million to an entity that appears to be linked to Sergey Brin, according to public records and social media posts.

The billionaire Google co-founder has been taking steps to leave California in the face of a proposed ballot measure that would levy a 5% tax on the state’s billionaires. Brin, 52, is the world’s third-richest person with a $265 billion fortune, according to the Bloomberg Billionaires Index.