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Google Founders Restructure Their California Holdings Amid Wealth Tax Concerns

Sergey Brin and Larry Page, the pioneering co-founders of Google, are recalibrating their asset strategies in California as they face the prospect of a new wealth tax. Recent developments reported by The New York Times outline strategic corporate moves designed to mitigate potential tax liabilities.

Strategic Investment Moves

In December, fifteen limited liability companies (LLCs) linked to Brin’s diverse portfolio—ranging from his involvement with a superyacht to ownership of a private terminal facility at the San Jose International Airport—were either terminated or restructured as Nevada entities. Similarly, fifty LLCs connected to Page have either become inactive or have transferred operations out of state. These orchestrated shifts underline a deliberate response to anticipated fiscal policy changes.

Implications of Wealth Tax Legislation

The reorganization appears to be a preemptive measure ahead of a potential ballot proposal in California that would impose a one-time 5% tax on individuals possessing a net worth exceeding $1 billion. Notably, if the measure is approved in November, it will retroactively affect those who resided in the state as of January 1 of this year. Despite these adjustments, both Brin and Page maintain significant residential ties within California, suggesting that for the ultra-wealthy, relocation and asset restructuring involve a complex calculus beyond mere state lines.

This calculated repositioning not only highlights the broader challenges faced by high-net-worth individuals in navigating evolving tax landscapes, but also serves as a stark reminder of how fiscal policy can spur strategic realignment. As regulatory frameworks continue to evolve, the responses of industry titans like Brin and Page will undoubtedly influence the investment strategies of wealthy individuals nationwide.

Dictionary.com Names ‘Maxxing’ Its Word Of The Year For 2026

Dictionary.com has named “maxxing” its Word of the Year for 2026, reflecting a growing online trend of optimising almost every aspect of life, from health and appearance to work and leisure.

The choice follows last year’s selection of “6-7”, a phrase popularised by younger internet users. Unlike that expression, “maxxing” has spread beyond niche online communities into everyday social media language.

From “Looksmaxxing” To Mainstream Usage

Derived from “maximising”, “maxxing” describes doing something to the fullest or optimising it as much as possible. According to Dictionary.com, its roots lie in phrases such as “maxing out” a credit card and gaming terminology.

During the 2010s, the term gained traction in manosphere and incel communities through “looksmaxxing”, referring to efforts to improve physical attractiveness through fitness, grooming and, in some cases, more extreme measures.

The word later became associated with controversial manosphere influencers, including livestreamer Braden Peters, known as Clavicular, who promotes an intense focus on male appearance.

A Broader Meaning

Younger social media users have since expanded “maxxing” beyond its original associations. Searches for the term surged in August as it became a label for everything from wellness routines to workplace habits. It is also used ironically to poke fun at the pressure to constantly improve.

“Maxxing is the linguistic manifestation of a culture increasingly preoccupied with getting the most out of everything,” said Steve Johnson, director of lexicography for Dictionary Media Group at IXL Learning.

Johnson noted that the term can signal enthusiasm for self-improvement, exaggerate it for humour or reject the idea of constant optimisation altogether. Examples include “proteinmaxxing” at breakfast, “tokenmaxxing” with AI tools at work and “cozymaxxing” on a Friday night.

The Many Forms Of “Maxxing”

The term has generated numerous variations. “Softmaxxing” refers to relatively modest appearance improvements, such as a new haircut, while “hardmaxxing” describes more extreme approaches, including severe dieting or cosmetic procedures. “Jestermaxxing” involves using humour to gain social acceptance or online attention, while “sleepmaxxing” focuses on improving sleep quality or duration.

These variations show how the language of optimisation has spread across personal identity, health, social status and leisure.

The Pressure To Do More

The popularity of “maxxing” also reflects a wider tension between self-improvement and the expectation to make every activity more productive. In the workplace, “tokenmaxxing” describes employees being encouraged to use AI tools as much as possible, turning technological adoption into another measure of performance.

The term captures a culture in which ordinary activities can become opportunities for measurable gains, even as some people use the language to question that pressure.

Other Words On The Shortlist

Other candidates for Dictionary.com’s 2026 Word of the Year included “affordability”, “data center”, “odyssey” and “unc”.

Interest in “odyssey” may have been boosted by Christopher Nolan’s film The Odyssey, while “unc”, short for “uncle”, is used by Gen Z and Gen Alpha to describe someone older who is perceived as out of touch or uncool.

“Maxxing” ultimately stands out for capturing a defining online impulse: to optimise everyday life, share the process and keep striving for more.

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