While it may be an overstatement to say California is hemorrhaging people, some of the state’s major companies and wealthiest residents are leaving for states like Texas, Arizona and Florida. In 2020, Oracle, Palantir and Hewlett-Packard Enterprise were among the companies that announced they’re relocating their headquarters out of the Golden State. Wealthy individuals from the tech industry moving recently include Larry Ellison, Drew Houston, Joe Lonsdale and Elon Musk, currently the world’s richest man.California’s population and job growth have both slowed to a trickle, with many citing concerns about high taxes, cost of living and heavy regulations. With the …
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