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Economy
Legendary director Steven Spielberg is latest billionaire to flee California in another blow to state
2026-02-20
[NYP] The legendary "E.T." director and California resident has moved to Manhattan amid a billionaire exodus from the Golden State — as voters eye a controversial wealth tax.
It’ll be interesting to see how long he stays there…
But the move, first reported by the LA Times, allegedly had nothing to do with the 2026 Billionaire Tax Act.

"Steven’s move to the East Coast is both long-planned and driven purely by his and Kate Capshaw’s desire to be closer to their New York-based children and grandchildren," spokeswoman Terry Press said.
Related:
Steven Spielberg b;10/31/2025 A swindler posed as a nuclear physicist and sold India's atomic secrets
Steven Spielberg 12/10/2024 "Jewish Nobel" Awarded to Pfizer CEO Albert Bourla (from January 2022)
Steven Spielberg 07/27/2024 Jill Biden enjoys one of her last hurrah at pre-Olympic party with Snoop Dogg, Charlize Theron, Zendaya just days after husband reluctantly left presidential race


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