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Billionaires open the purse to fight California wealth tax

A billionaire-funded political group gave a $5-million donation to the campaign opposing California’s proposed wealth tax, the first of many expected in the expensive fight over a ballot question dividing the state.

If approved by voters, Proposition 40 would impose a one-time 5% tax on the assets of billionaires who were residing in the state at the start of this year to pay primarily for healthcare.

The ballot measure has splintered California Democrats and their allies, who are at odds over which public services would receive a portion of the revenue and Proposition 40’s long-term impact on the state budget.

Gov. Gavin Newsom, Democratic gubernatorial candidate Xavier Becerra and groups including Planned Parenthood Affiliates of California and the California Teachers Assn. oppose the tax, arguing it could push many of the state’s biggest taxpayers to relocate and in effect destabilize the state’s finances.

On Monday, nine Democratic state lawmakers announced their opposition to Proposition 40, writing in an open letter to voters that “while well-intentioned, this measure will blow a massive hole in our state budget in the years ahead and undermine our ability to sustain investments in the very priorities Prop 40 claims to support.” Its signers included Assemblymembers Jacqui Irwin (D-Thousand Oaks), Lisa Calderon (D-Whittier) and John Harabedian (D-Pasadena).

The California Democratic Party, the California Federation of Labor Unions and progressive officials including Sen. Bernie Sanders (I-VT) and Rep. Ro Khanna (D-Fremont) support the tax, which is intended to raise roughly $100 billion over five years to backfill federal cuts to healthcare and other social safety net programs by President Trump and the Republican-led Congress.

To this point, Building a Better California — a group funded by Google co-founder Sergey Brin and other members of the Silicon Valley elite — has focused on qualifying two ballot measures meant to defang the billionaire tax while maintaining a neutral position on Proposition 40 itself.

That changed over the weekend when the group of billionaires officially came out against the measure and reported the $5-million donation to the anti-Proposition 40 campaign backed by teachers and firefighters unions.

A handful of billionaires have pumped more than $156 million into Building a Better California, mostly from Brin, who has given more than $100 million to the group. It has also received more than $17 million from venture capitalist L. John Doerr, $12 million from Ripple Labs founder Chris Larsen and $3 million from philanthropist and former Google Chief Executive Eric Schmidt.

In addition to opposing the wealth tax, Building a Better California announced support for Proposition 3, which would permanently extend an existing tax on certain high earners, along with two housing bonds.

The group has already spent more than $127 million on two competing ballot measures written to weaken or nullify the billionaire tax: Proposition 41 would require audits for new state special taxes and prohibit new taxes from being excluded from the state spending limit. Proposition 42 would ban new taxes on assets such as as personal property, intellectual property and retirement accounts.

If Proposition 40 passes but either Proposition 41 or Proposition 42 receive more votes, the billionaire tax would be voided.

“A few controversial billionaires like Sergey Brin would rather spend millions to fund shady opposition campaigns than simply pay their fair share in taxes so millions of their fellow Californians don’t lose their healthcare. That’s shameful,” said Debru Carthan, executive vice president of Service Employees International United-Healthcare Workers West, the union that collected the signatures to put the measure on the ballot.

Abby Lunardini, a spokesperson for Building a Better California, said the state “is at an inflection point” due to its high cost of living and taxes.

“California’s future rests on both maintaining our economic competitiveness and making smart, accountable public investments that improve affordability and quality of life for all,” Lunardini wrote in a statement. “It’s rare for such a broad coalition to unite around any single cause in California, but it reflects the potentially devastating impact of this measure on healthcare, education, and our state’s economy.”

The $5-million donation is the largest reported by the Proposition 40 opposition campaign, which wrote in a statement that it “welcomes support from everyone — teachers, doctors, hospitals, community clinics, firefighters, housing advocates, blue-collar unions, entrepreneurs, small businesses, Democrats, and Republicans.”

The donation indicates that members of the opposition coalition — and not billionaires — will play a more visible role in campaign ads.

“Two groups in California that have the most credibility with voters are the teachers and the firefighters,” said Garry South, a Democratic strategist who has worked on past ballot measure campaigns. Making them visible messengers against Proposition 40 “is a very important credibility aspect for the No campaign.”

“Nobody likes political consultants or lawyers. They like firefighters and nurses and teachers,” Republican strategist Matt Rexroad agreed.

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Los Tigres del Norte to perform with Gustavo Dudamel at Hollywood Bowl

Storied norteño group Los Tigres del Norte announced Tuesday that they are teaming up with departing L.A. Philharmonic conductor Gustavo Dudamel for a special performance Aug. 21 at the Hollywood Bowl.

The show is part of a series titled “Celebrating Gustavo at the Bowl,” which looks to send off Dudamel in style as he transitions into his new role as the music and artistic director of the New York Philharmonic. The “Jaula de Oro” artist’s appearance is part of “Gustavo’s Fiesta,” which will also feature performances by other prominent Latino artists.

The norteño act has sold 37 million albums and recorded 500 songs over a career that’s spanned five decades. They have seven Grammy Awards, eight Latin Grammys and have had 66 songs land on Billboard’s Hot Latin Songs chart, the most of any Latin music act ever.

In 2018, Los Tigres del Norte became the first norteño act to headline at the Hollywood Bowl.

Recently, the “La Puerta Negra” hitmakers were immortalized in U.S. pop culture history when its members appeared in animated form in a December 2025 episode of “The Simpsons” and performed an original corrido about the escapades of Homer Simpson and Pedro Chespirito (also known as the Bumblebee Man).

Also featured on the Aug. 21 lineup are Grammy-winning singer Lila Downs, the all-female Mariachi Reyna de Los Ángeles, the explosive cumbia group La Sonora Dinamita and the legendary Mexican bolero trio Los Panchos.

The show will serve as Dudamel’s third-to-last performance as the music and artistic director of L.A. Philharmonic. On Aug. 22, he will be in concert with Foo Fighters. His farewell weekend will conclude Aug. 23 and will serve as a benefit for his homeland of Venezuela, which suffered catastrophic losses from twin earthquakes in late June.

Donations will benefit Dudamel’s Earthquake Recovery to Support Venezuelan Communities fund, in partnership with the United Nations Development Programme and the Development Bank of Latin America and the Caribbean fund.

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Gustavo Dudamel sets Hollywood Bowl concert to benefit Venezuela

Gustavo Dudamel’s farewell to Los Angeles will also function as a benefit for his homeland of Venezuela, which suffered catastrophic losses from twin earthquakes in late June.

Dudamel and the Los Angeles Philharmonic announced Monday that the beloved composer’s final Hollywood Bowl performance as the orchestra’s music and artistic director, originally programmed as “Celebrating Gustavo at the Bowl: A Musical Legacy,” will instead be called “A Concert for Venezuela.” Still scheduled for Aug. 23, the show will raise funds for communities affected by the earthquakes.

“Venezuela will always be my home, and every moment, my thoughts are with the families whose lives have been forever changed by this tragedy,” Dudamel said in a statement. “The suffering is immense, but so is the strength and resilience of our people. This concert at the Hollywood Bowl is an invitation to stand together and transform our compassion into action.”

A full program and special guests will be announced later. Dudamel and the musicians will contribute their time and services free of charge.

Donations will benefit Dudamel’s Earthquake Recovery to Support Venezuelan Communities fund, in partnership with the United Nations Development Programme and the Development Bank of Latin America and the Caribbean fund. The L.A. Phil will contribute $50,000 to the fund, announced President and Chief Executive Kim Noltemy.

“In moments of profound need, our responsibility as an institution extends beyond the stage,” she said. “We are grateful for the opportunity to provide direct financial support to relief efforts for communities in Venezuela with a $50,000 charitable donation and to stand alongside Gustavo in bringing this concert to life at the Bowl.”

Twin earthquakes on June 24 devastated Venezuela, with more than 3,300 deaths and more than 30,000 people reported missing. As international rescue teams depart and locals are left to search through rubble, Venezuelans abroad, including L.A. restaurants, have looked for ways to send support.

Dudamel, who was born and raised in Barquisimeto, Venezuela, wrote in a 2015 op-ed for The Times that he is a “product” of El Sistema, the country’s government-funded youth music program. He has been the music director of the Simón Bolívar Symphony Orchestra since 1999.

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Washington National Opera sues Kennedy Center for $17 million

The Washington National Opera filed a lawsuit on Thursday that demands more than $17 million from the John F. Kennedy Center for the Performing Arts. The opera company claims it is owed millions in donations that have been withheld.

The lawsuit claims that after the opera company and the Kennedy Center parted ways in January, center officials have not returned more than $17 million in gifts and donations that belong to the opera company. The lawsuit lists the federal government as a defendant because the Kennedy Center was established by Congress.

According to the suit, the opera company and the Kennedy Center had a longstanding contract in which WNO produced its operas at the Kennedy Center, which in return, provided a number of services and other support for the opera company including managing its donations.

In late 2025, after approximately 15 years of affiliation, the suit claims that the Kennedy Center stopped performing the obligations of their agreement, which included marketing, fundraising and administrative support, as well as timely reporting on the growth of the opera company’s funds. When the opera company requested the Kennedy Center remedy the issue, center officials asked to sever ties.

“Five months have now passed since the termination of the affiliation, and the Kennedy Center still has not returned the funds to WNO,” reads the suit. “To the contrary, according to the Kennedy Center’s Chief Financial Officer, the Kennedy Center has put a significant portion of WNO’s money at risk by using it to collateralize the Kennedy Center’s line of credit.”

In an emailed statement responding to the lawsuit, Roma Daravi, a spokeswoman for the Kennedy Center, told The Times that the contract between the opera house and the center financially burdened the center for more than a decade. The statement claimed that taking into account the company’s endowment, an external accounting firm calculated that the opera company had “accumulated a $72 million deficit to the center” between 2011 and 2026.

“The Center has acted transparently and in the best interests of the public throughout this process,” the statement reads. “This lawsuit is meritless, and we plan to pursue a countersuit to defend the institution.”

The legal action comes during a tumultuous time for the Kennedy Center. Last year, President Trump fired the board and appointed himself chairman of the Kennedy Center.

In December, President Trump’s name was installed on the exterior of the center the day after his handpicked board of trustees voted to change the institution’s name to the “Trump-Kennedy Center.” Last month, a federal judge ordered President Trump’s name to be removed from the exterior of the building within two weeks and a halt to the Trump administration’s planned two-year closure of the venue.

On Friday, the court-ordered deadline for removing his name sparked widespread interest and crowds gathered outside the center. A live cam was also placed near the structure.

The Times arts editor Jessica Gelt contributed to this report.

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