Billionaire tech CEO latest to ditch California with $18M sale of sprawling ranch

Meg Whitman, the ex-eBay CEO, has sold her expansive 1,530-acre Fall River Mills ranch for $17.9 million, marking a significant real estate move that highlights a growing trend of high-profile individuals leaving California. This isn't her first exit; she previously sold a luxury penthouse in Sacramento for nearly $2.4 million. The sale underscores the financial strain many face in California, driven by high taxes and living costs, which are prompting even the wealthy to consider relocating. This trend could have broader implications for California's economy and political landscape.