Nvidia CEO Says ‘Move to California’ Despite High Taxes

Jensen HuangPhotographer: David Paul Morris/Bloomberg

Nvidia Corp. Chief Executive Officer Jensen Huang urged people to move to California despite the high taxes, just as a group of billionaires left the state in recent months under threat of a new levy.

“I say to everybody, ‘Move to California. Don’t leave. It’s the highest taxes in the world, but it’s OK,’” Huang, the world’s 10th-richest person, said during an event at Stanford on Thursday. “The weather is great.”