Billionaire Jeffrey Gundlach Suggests He’s Contemplating Leaving California Over Taxes

Jeffrey Gundlach speaks during Vanity Fair New Establishment Summit in Beverly Hills, California, on Oct. 3, 2017. Matt Winkelmeyer/Getty Images

Billionaire bond fund manager Jeffrey Gundlach said Saturday that he is contemplating leaving California state and moving to a lower-tax state.

The chief executive officer of asset manager DoubleLine Capital wrote on Twitter that public figures including Elon Musk, Joe Rogan, and Ben Shapiro “are leaving California to escape incompetent governance.”