{"id":169456,"date":"2026-02-08T17:20:07","date_gmt":"2026-02-08T17:20:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/169456\/"},"modified":"2026-02-08T17:20:07","modified_gmt":"2026-02-08T17:20:07","slug":"san-franciscos-pro-billionaire-march-draws-dozens","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/169456\/","title":{"rendered":"San Francisco\u2019s pro-billionaire march draws dozens"},"content":{"rendered":"

A march supporting California\u2019s billionaires didn\u2019t exactly draw a huge crowd on Saturday \u2014 the San Francisco Chronicle counted<\/a> around three dozen attendees, along with another dozen tongue-in-cheek counter-protesters.<\/p>\n

To be fair, organizer Derik Kauffman had predicted attendance of only \u201ca few dozen\u201d beforehand<\/a>. But the \u201cMarch for Billionaires\u201d has drawn outsized attention on social media because it\u2019s such an incongruous idea, and according to Mission Local<\/a>, journalists nearly outnumbered demonstrators at the event itself, where marchers carried signs with messages like \u201cWe \u2764\ufe0f You Jeffrey Bezos\u201d and \u201cIt\u2019s very difficult to write a nuanced argument on a sign.\u201d\u00a0<\/p>\n

The ostensible reason for the demonstration was to protest the Billionaire Tax Act, a proposed state ballot measure that would require Californians worth more than $1 billion to pay a one-time, 5% tax on their total wealth. If the measure actually passes, Governor Gavin Newsom said he will veto it<\/a>.<\/p>\n

Kauffman, who founded the AI startup RunRL and is not a billionaire himself, told reporters, \u201cCalifornia is, I believe, the only state to give health insurance to people who come into the country illegally. I think we probably should not be providing that.\u201d (Fourteen states<\/a> offer health care to undocumented immigrants.)<\/p>\n","protected":false},"excerpt":{"rendered":"A march supporting California\u2019s billionaires didn\u2019t exactly draw a huge crowd on Saturday \u2014 the San Francisco Chronicle…\n","protected":false},"author":2,"featured_media":169457,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[71200,81014,81326,101,103,102,104,106,105],"class_list":{"0":"post-169456","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-san-francisco","8":"tag-billionaire-tax-act","9":"tag-derik-kauffman","10":"tag-march-for-billionaires","11":"tag-san-francisco","12":"tag-san-francisco-headlines","13":"tag-san-francisco-news","14":"tag-sf","15":"tag-sf-headlines","16":"tag-sf-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/169456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=169456"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/169456\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/169457"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=169456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=169456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=169456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}