Nvidia CEO Says ‘Move to California’ After Billionaires Leave

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.”

Jensen Huang

Photographer: David Paul Morris/Bloomberg

The Nvidia CEO was joined at the Stanford event by Congressman Ro Khanna — who came under fire for supporting a proposed wealth tax in the state — ...