A brewing civil war among billionaire tech moguls has erupted, pitting Eric Schmidt, former CEO of Google, against a growing coalition of ultra-rich individuals who support a wealth tax. In a shocking move, Schmidt has publicly lashed out at the group, which includes fellow Google alums Larry Page and Sergey Brin, for advocating for a tax on the wealthy. The billionaire's outburst has sparked a heated debate within the tech elite, with some arguing that the wealth tax is a necessary measure to address income inequality, while others see it as a threat to their hard-earned fortunes. As the battle between Schmidt and his former colleagues intensifies, the implications for the tech industry and the broader economy are far-reaching.
Exclusive | Billionaire civil war brews between ex-Google bosses as Eric Schmidt rages at mega-rich wealth tax coalition nypost.com