March for Billionaires

SATURDAY, FEBRUARY 7, 2026 — SAN FRANCISCO, CA

[...]

WHY WE MARCH

Vilifying billionaires is popular. Losing them is expensive.

Most made their fortunes building companies that employ thousands and solve real problems. Their wealth is largely stock in those companies, not vaults of cash.

California benefits enormously when entrepreneurs choose to build here. We're currently watching them leave.

The Billionaire Tax Act has already pushed the founders of Google to leave the state [...] By taxing unrealized gains and voting shares, the act would make it difficult for founders to retain control of their startups.

VALUE CREATORS

Building, not taking

These billionaires didn't steal from you. They created products, services, and experiences that millions of people freely chose.

Jeff Bezos
Built a store where you can get nearly anything delivered to your doorstep, tomorrow.

Brian Chesky
Created Airbnb, connecting travelers to homeowners with spare rooms.

Taylor Swift
Sold 100 million albums and filled stadiums around the world.

Larry Page & Sergey Brin
Made the world's information accessible to everyone, for free.

James Dyson
Invented the bagless vacuum cleaner after 5,127 prototypes.

Noubar Afeyan
Incubated Moderna and dozens more biotech companies.

Hamdi Ulukaya
Popularized Greek yogurt with Chobani.

Roger Federer
Won 20 Grand Slam tennis titles and inspired a generation of players.

Henry Samueli
Designed chips for broadband internet.

[...]

Judge individuals, not classes

Of course, not all billionaires are good people. Some extract rather than create wealth. Some use their resources to cause serious political harm. These criticisms have merit, but they apply to individuals, not billionaires as a whole.

We believe most have made tremendous contributions to society, directly through their entrepreneurship and secondarily through taxes and philanthropy. That deserves our respect and admiration.