Entertainment
Billionaires Spielberg, Zuckerberg eyeing East Coast, stirring concerns about California’s wealth-tax proposal
California may be losing two of the state’s most famed residents and generous political donors.
Filmmaker Steven Spielberg recently moved to New York and Facebook co-founder Mark Zuckerberg is eyeing purchasing a new property in Florida, stirring speculation about whether their decisions are tied to a proposed new tax on California billionaires to fund healthcare for the state’s most vulnerable residents.
Although a handful of prominent conservatives who bolted out of California noisily blamed their departure on the controversial wealth tax measure, as well as the state’s liberal ways and what they describe as cumbersome business regulations, neither Zuckerberg nor Spielberg has given any indication that the tax proposal is the reason for their moves.
A spokesperson for Spielberg, who has owned homes on both the East and West coasts since at least the mid-1990s, said the sole motivation for Spielberg and his wife, actor Kate Capshaw, decamping to Manhattan was to be near family.
“Steven’s move to the East Coast is both long-planned and driven purely by his and Kate Capshaw’s desire to be closer to their New York based children and grandchildren,” said Terry Press, a spokesperson for the prodigious filmmaker. She declined to answer questions about his position on the proposed ballot measure.
Director Steven Spielberg presents president Bill Clinton with the Ambassadors Humanity award at the 5th Annual Ambassadors for Humanity Dinner Honoring former President Bill Clinton to support the Survivors of the Shoah Visual History Foundation held at the Amblin theatre Universal Studios on February 17, 2005 in Los Angeles, California.
(Frazer Harrison / Getty Images)
On Jan. 1, Spielberg and Capshaw officially became residents of New York City, settling in the historic San Remo co-op in Central Park West. The storied building is among the most exclusive in Manhattan, having been home to Bono, Mick Jagger, Warren Beatty, Tiger Woods and many other celebrities. On the same day, Spielberg’s Amblin Entertainment opened an office in New York City.
Zuckerberg and his wife, pediatrician Priscilla Chan, are considering buying a $200-million waterfront mansion in South Florida, the Wall Street Journal first reported this month. The property is located in Miami’s Indian Creek, a gated barrier island that is an alcove of the wealthy and the influential, including Amazon founder Jeff Bezos and Trump’s daughter Ivanka and her husband, Jared Kushner.
Representatives for Zuckerberg declined to comment.
The billionaires’ moves raised eyebrows because they take place as supporters of the proposed 5% one-time tax on the assets of California billionaires and trusts are gathering signatures to qualify the initiative for the November ballot. Led by the Service Employees International Union-United Healthcare Workers West, they must gather the signatures of nearly 875,000 registered voters and submit them to county elections officials by June 24.
If approved, the tax would raise roughly $100 billion that would largely pay for healthcare services, as well as some education programs. Critics say it would drive the wealthy and their companies out of the state. On Dec. 31, venture capitalist David Sacks announced that he was opening an office in Austin, Texas, the same day PayPal co-founder Peter Thiel publicized that his firm had opened a new office in Miami.
The proposed ballot measure, if it qualifies for the ballot and is approved by voters, would apply to Californians who are residents of the state as of 2026. But residency requirements are murky. Among the factors considered by the state’s Franchise Tax Board are where someone is registered to vote, the location of their principle residence, how much time they spend in California, where their driver’s license was issued and their cars registered, where their spouse and children live, the location of their doctors, dentists, accountants and attorneys, and their “social ties,” such as the site of their house of worship or county club.
It’s unclear whether the proposal will qualify for the November ballot, and if it does, whether voters will approve it. However, a mass exodus of a number of the state’s billionaires — more than 200 people — would have a notable effect on state revenue, regardless. The state’s budget volatility is caused by its heavy reliance on taxes paid by the state’s wealthiest residents, including from levies on capital gains and stock-based compensation.
“The highest-income Californians pay the largest share of the state’s personal income tax,” according to Gov. Gavin Newsom’s 2026-27 budget summary that was published in January. “The significant share of personal income taxes — by far the state’s largest General Fund revenue source — paid by a small percentage of taxpayers increases the difficulty of forecasting personal income tax revenue.”
This reliance on wealthy Californians is among the reasons the proposed billionaires tax has created a schism among Democrats and is a source of discord in the 2026 governor’s race to replace Newsom, who cannot seek another term and is weighing a presidential bid. He opposes the proposal; Sen. Bernie Sanders (I-VT.) campaigned for it Wednesday evening at the Wiltern in Los Angeles.
“I am not only supportive of what they’re trying to do in California, but we’re going to introduce a wealth tax for the whole country. We have got to deal with the greed, the extraordinary greed, of the billionaire class,” Sanders told reporters Feb. 11.
Zuckerberg and Spielberg are both prolific political donors, though it is difficult to fully account for their contributions to candidates, campaigns and other entities because of how they or their affiliates donate to them as well as the intricacies of campaign finance reporting.
Spielberg, 79, a Hollywood legend, is worth more than $7 billion, according to Forbes. He and his wife have donated almost universally to Democratic candidates and causes, according to Open Secrets, a nonprofit, nonpartisan tracker of federal campaign contributions, and the California secretary of state’s office.
The prolific filmmaker, who won acclaim for movies such as “Schindler’s List,” “Jaws,” “Jurassic Park” and the “Indiana Jones” trilogy, was born in Ohio and lived with his family in several states before moving to California. He attended Cal State Long Beach but dropped out after Universal Studios gave him a contract to direct television shows.
Zuckerberg, 41, launched Facebook while in college and is worth more than $219 billion, making him among the world’s richest people, according to Forbes.
His largest personal federal political donation appears to be $1 million to FWD.us, a group focused on criminal justice and immigration reform nationwide, according to Open Secrets.
Zuckerberg, who is currently a registered Democrat in Santa Clara County, has donated to politicians across the partisan spectrum, including Democrats such as former House Speaker Nancy Pelosi and current Senate Minority Leader Chuck Schumer to Republicans such as President Trump’s Secretary of State Marco Rubio when he ran for the White House and Chris Christie during his New Jersey gubernatorial campaign.
Both men’s personal donations don’t include their other effects on campaign finances — Spielberg has helped countless Democratic politicians raise money in Hollywood; Zuckerberg’s company has made other contributions. Meta — the parent company of Facebook, Instagram and WhatsApp — donated $1 million to Trump’s inauguration committee in December 2024. Zuckerberg later attended the president’s swearing in at the U.S. Capitol Rotunda.
Zuckerberg, born in White Plains, N.Y., created an early prototype of Facebook while at Harvard University and dropped out to move to Silicon Valley to complete the social media platform, as depicted in the award-winning film “The Social Network.”
He still owns multiple properties in California and elsewhere, including a controversial, massive compound on Kauai that includes two mansions, dozens of bedrooms, multiple other buildings and recreational spaces — and an underground bunker that features a metal door filled with concrete, according to a 2023 investigation by Wired. The cost of land acquisition and construction reportedly has topped $300 million.
Meta is based in Menlo Park, Calif., though it has been incorporated in Delaware since Facebook’s founding in 2004.
Times staff writer Queenie Wong contributed to this report.
Movie Reviews
1986 Movie Reviews – About Last Night, Big Trouble in Little China, The Great Mouse Detective, Howling II, Psycho III, Under the Cherry Moon | The Nerdy
Welcome to an exciting year-long project here at The Nerdy. 1986 was an exciting year for films giving us a lot of films that would go on to be beloved favorites and cult classics. It was also the start to a major shift in cultural and societal norms, and some of those still reverberate to this day.
We’re going to pick and choose which movies we hit, but right now the list stands at nearly four dozen.
Yes, we’re insane, but 1986 was that great of a year for film.
The articles will come out – in most cases – on the same day the films hit theaters in 1986 so that it is their true 40th anniversary. All films are also watched again for the purposes of these reviews and are not being done from memory. In some cases, it truly will be the first time we’ve seen them.
This time around, it’s July 4, 1986, and we’re off to seeAbout Last Night, Big Trouble in Little China, The Great Mouse Detective, Howling II, Psycho III, and Under the Cherry Moon.
About Last Night
St. Elmo’s Fire was awful. This feels like a make-good for two of the actors.
Danny Martin (Rob Lowe) meets Debbie Sullivan (Demi Moore) and their chemistry is electric and immediate. They waste no time becoming serious, and moving in together, despite neither of them having ever had a serious relationship. They quickly discover it’s not quite as easy as just sharing an apartment like you do with a roommate.
I didn’t love the movie (mainly due to Jim Belushi’s Bernie character), but I did enjoy it far more than I anticipated.Moore and Lowe’s on-screen chemistry really clicked far more than most on-screen couples.
It’s a good character study, and keeps you engaged. Is it essential viewing? That’s up to you.
Where to watch: Available to stream.
Big Trouble in Little China
If there was ever a poster child for a movie that found a second life in rentals and on cable, this is it.
Jack Burton (Kurt Russell) is a over-the-road trucker with a lot of thoughts on life and how important reflexes are. While making a delivery in Chinatown, he gets sucked into a situation with an ancient Chinese evil trying to regain its humanity, and all Jack really wants is to get his truck back.
John Carpenter wasn’t quite a household name, but with films such as Halloween, The Thing and Escape From New York to his name, people were taking notice. Teaming with Russell for another outing seemed like it would be another win, but this one proved just a little too odd for mainstream audiences. Once it got into our homes, however, everyone fell in love with it.
As Jack Burton always says, it’s a must-see for any 80s journey.
Where to watch: Available to stream.
The Great Mouse Detective
I had never seen it, and as Disney films go, I would have been fine keeping it that way.
Set in Longon in 1897, a young mouse named Olivia Flaversham witnesses her toymaker father get kidnapped. She seeks out Basil of Baket Street, also known as the Great Mouse Detective. Along with David Q. Dawson, recently returned from serving in the military in Afghanistan, the three of them try to stop Professor Ratigan from replacing the Queen.
It’s just a Sherlock Holmes story, but with mice. I didn’t find anything that compelling about it. It was pretty enough to look at, but the story just left me fairly empty.
Where to watch: Available to stream.
Howling II
I… have a lot of thoughts.
Following up on the end of the The Howling, Ben White (Reb Brown) buries his sister Karen White, and quickly learns she was a werewolf. He teams up with werewolf hunter Stedan Crosscoe (Christopher Lee) to take down Stirba (Sybil Danning), the queen of the werewolves who is about to celebrate her 1,000th birthday, and stop the spread of the werewolf curse.
On paper it sounds fine, in execution it is just… horrible. Poorly lit, horrible acting, low-grade effects, and costuming that leaves you more confused than anything else.
Avoid at all costs.
Where to watch: Available to stream.
Psycho III
I have to admit, so far these sequels haven’t been horrible.
Following up shortly after the vents of Psycho II, Norman (Anthony Perkins) is still hiding the body of Emma Spool, and having issues again with seeing “Mother.” He hires drifter Duane Duke (Jeff Fahey) to run the motel. He also meets Maureen (Diana Scarwid), a nun on the run after she accidentally kills one of her sisters. With a new woman in his life, Mother has some thoughts on what Norman should be doing.
In general I actually enjoyed this new outing in the franchise, although it feels it missed some opportunities at the end of the story of Norman and Maureen working together. What if Maureen had actually been the one manipulating Norman this time? There was another movie lurking in the background that sadly never gets broached.
What we did end up with, however, was entertaining.
Where to watch: Available to stream.
Under the Cherry Moon
This film was unfairly maligned.
Christopher Tracy (Prince) and Tricky (Jerome Benton) as wooing women in France in hopes of getting enough money to head back to Miami one day. When Christopher hears about Mary Sharon (Kristin Scott Thomas) inherting a trust fund of $50 million for her 21st birthday, she becomes his next mark, but little does he know how it will end for him.
Following Purple Rain, Prince could do no wrong in Hollywood and was given a blank check for his next film. Audiences and critics did not warm to this film as it wasn’t Purple Rain 2 and it lived with a bad reputation for years.
I hadn’t seen it in 35 years or more when I watched it for this report, and… I really enjoyed it. It’s over-the-top, but in the right way. Prince was clearly paying homage to the silent movie romance films, and it works for what it is. Is he a great actor? No. Does it work for this film? Yes.
Honestly, this may be one of the most enjoyable films I’ve had in this project in several weeks. It’s worth a reassessment.
Where to watch: Available to stream.
1986 Movie Reviews will continue on July 11, 2026, with Club Paradise.
Entertainment
Taylor Swift and Travis Kelce: Revisit the roots of their love story ahead of MSG wedding bash
Taylor Swift and Travis Kelce’s love story will reach new heights this week with a totally low-key two-day wedding bash at New York’s Madison Square Garden.
The billionaire pop titan and the NFL star, both 36, kicked off their wedding festivities Thursday afternoon with a rehearsal dinner at the famed sports arena. They have all but confirmed that they will then exchange their vows Friday in a grand MSG celebration with around 1,000 guests (including Swift’s celebrity friends and Kelce’s fellow sports stars) in attendance, at least according to numerous reports. The celebrity wedding will also reportedly feature heightened security around Madison Square Garden, performances by Stevie Nicks and Tim McGraw, and a red carpet outside the arena.
Representatives for Madison Square Garden, Swift and Kelce have not responded to The Times’ requests for comment.
Swift and Kelce’s relationship began nearly three years ago during the singer’s blockbuster Eras tour with a simple request and a friendship bracelet. Read on to revisit the roots of Swift and Kelce’s whirlwind romance turned generational love story, from the Kelce brothers’ “New Heights” podcast to a romantic garden engagement.
July 2023: Travis Kelce shoots his shot
Swift and Kelce’s romance can be traced back to summer 2023, when the Kansas City Chiefs tight end attended an Eras tour concert at Arrowhead Stadium, the Chiefs’ house. Kelce — a self-proclaimed Swiftie — told brother Jason Kelce in an episode of their “New Heights” podcast that he had a friendship bracelet with his phone number on it but didn’t get it to the singer. “I was a little … hurt I didn’t get to hand her one of the bracelets I made for her,” he said at the time. Eventually, the two got in touch.
September 2023: Taylor Swift shows up for her guy
Taylor Swift watches the Chiefs take on the Chicago Bears at Arrowhead Stadium in Kansas City, Mo., on Sept. 24, 2023.
(David Eulitt / Getty Images)
The then-rumored romance quickly became commentary fodder for NFL broadcasts (sometimes to sports fans’ chagrin) but took a turn when Swift seemingly accepted Kelce’s personal invitation to a home game. She was seen cheering for him in a private box alongside his mother, Donna Kelce. Soon enough, Swift became a staple in the Chiefs audience. In the following months, Swift and Kelce further solidified their relationship, making it paparazzi-official during an after-party for “Saturday Night Live” and on her Eras tour in November when the singer changed her “Karma” lyrics to reference her budding romance.
February 2024: Super Bowl LVIII (Taylor’s Version)
Chiefs tight end Travis Kelce and Taylor Swift smooch after Kansas City Chiefs defeated the San Francisco 49ers at the Super Bowl in Las Vegas in February 2024.
(John Locher / Associated Press)
Swift and Kelce’s love notably played out at Super Bowl LVIII, where the Chiefs faced the San Francisco 49ers. When the Chiefs won, the Grammy winner joined Kelce on the field, kissing and hugging him. A week before the big game, Swift announced her album, “Tortured Poets Department,” at the Grammy Awards. The album seemingly refers to Kelce in songs “The Alchemy” and “So High School.”
The pair continued going strong throughout 2024. As Swift‘s tour continued, Kelce joined his superstar girlfriend on stage in London. She also returned regularly to Arrowhead Stadium for Chiefs home games during the 2024-25 NFL season. Swift ended her Eras tour in December 2024 and hosted a private wrap party to celebrate her musical marathon. Of course, beau Kelce was in attendance.
August 2025: Baby, just say ‘yes!’
The following year was a relatively quieter one for the couple. Kelce and his Chiefs failed to beat the Philadelphia Eagles at Super Bowl LIX and Swift was in the midst of recovering from her tour and preparing for her newest album. But just when there seemed to be a lull in all things Taylor-Travis, the couple hit some major milestones.
First, Swift finally appeared on the Kelce brothers’ “New Heights” podcast. Remember, that’s where all of this started. The couple, of course, spoke about their whirlwind romance, but the main headline was that Swift would release her album “The Life of a Showgirl” later that fall. With songs “Redwood” and “Wish List,” it was pretty clear Kelce inspired Swift during the songwriting process.
Second, and more importantly, “Love Story” singer Swift announced on Instagram that she and Kelce were engaged. She shared photos from their dreamy garden proposal with the caption: “Your English teacher and your gym teacher are getting married.” Kelce popped the question with an elongated old mine cut cushion set within an engraved gold band. Speculation on the details of their nuptials, including date and location, were almost immediately underway.
Since their engagement, Kelce and Swift have appeared together at a handful of high-profile events including the iHeartRadio Music Awards in March, courtside at Rocket Arena in Cleveland during the 2026 NBA playoffs and the Songwriters Hall of Fame induction ceremony in June, which honored Swift.
For now, welcome to New York, soon-to-be Mr. and Mrs.
Movie Reviews
Movie Review: ‘Minions & Monsters’ is a very yellow mash note to Hollywood – Sentinel Colorado
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This image released by Universal Pictures shows a scene from Illumination’s “Minions & Monsters.” (Universal Pictures via AP) -
This image released by Universal Pictures shows minions with the alien character Goomi, voiced by Trey Parker, right, in a scene from Illumination’s “Minions & Monsters.” (Universal Pictures via AP) -
This image released by Universal Pictures shows minion Henry, voiced by Pierre Coffin, left, and Goomi, voiced by Trey Parker, in a scene from Illumination’s “Minions & Monsters.” (Universal Pictures via AP) -
This image released by Universal Pictures shows a scene from Illumination’s “Minions & Monsters.” (Universal Pictures via AP)
Every once in a while, Hollywood gets high on its own supply and makes a love letter to moviemaking. It happened recently with Steven Spielberg’s “The Fabelmans” and George Clooney’s “Jay Kelly.” Now it’s time for the unlikeliest of love-letter writers: canary-yellow, gibberish-speaking, overall-wearing mini-monsters.
“Minions & Monsters” — the third chapter in the ongoing standalone adventures of the “Despicable Me” pint-sized enablers — is about the sheer greatness of moviemaking, and it’s a navel-gazing misfire. Few industries — maybe journalism, sure — is as enamored at making its profession seem heroic.
The Minions this time find themselves at the dawn of both the movie business in Hollywood and the last push by suffragists to get the vote. It’s a weird confluence that writers Brian Lynch and Pierre Coffin fumble.
The movie has playful references to old screen gods — Harold Lloyd dangling from the hands of a clock and Charlie Chaplin swallowed by the gears of a mechanical system — along Hollywood nods to “Casablanca” and the punny title “The Good, the Bad and the Stupid” — but the kids in the audience won’t get them and their parents are just too tired. Harold Lloyd jokes don’t hit as hard in 2026.
Two of the legion of faceless Minions step forward this time — best friends James and Henry, creative misfits amid a smear of yellow drones — to unite and make a movie. (Who knew there was a Minion counterculture?)
Things go very well at first — turns out adding a Minion or two to a cowboy or a heist movie makes them instant kings of the box office — and they soon move into a Beverly Hills mansion and become insufferable. James dreams of winning an Oscar, which in this case is a statuette of a gold banana, a Minion obsession.
But they hit a wall when silent movies turn to talkies. And since they spout nothing but nonsense — “Fantastico” “miso soup” and “vamos” — can’t make the transition. They’re dumped out of the studio system.
That’s when James and Henry finally get the plot going: Make their own killer monster movie by conjuring up real monsters. The first one they try turns out a little weird: The gigantic, fearsome octopus-dragon they request turns out to be a cute green Funko Pop-like critter called Goomi, voiced by Trey Parker. Goomi promises to find them some real monsters. But should we trust him?
Coffin, making his first solo directing effort after co-helming all three “Despicable Me” films and the first “Minions,” voices all the Minions — he must be fun to have at parties — and is an assured hand. The violence levels are a little high for PG, including a beheading and various impalings, plus the usual senseless mayhem.
The screenwriters have included a romantic subplot involving a suffragette voiced by Zoey Deutch who falls for a robot-alien (standout work by Jesse Eisenberg) in a storyline that makes less and less sense. And the framing device — a museum tour guide explaining how Minions shaped Hollywood — sags awkwardly.
Adults can keep awake looking for the Easter eggs Coffin has left for serious cinephiles: “20,000 Leagues Under the Sea,” “Steamboat Bill, Jr.,” “A Trip to the Moon,” “Metropolis,” “Citizen Kane” and “The Blob.” Maybe the best moment in the movie is almost a throwaway: Director George Lucas, appearing as himself.
“Hooray for Hollywood” is on the soundtrack and that might have been the subtitle for the movie itself. There are some people whose eyes get moist thinking about picking up a film camera and following their muse, having their work play in a dark theater to cheers. And then there are others who just want to get on with it already. “Vamos!”
“Minions & Monsters,” a Universal Pictures release that opens in theaters July 1, is rated PG by the Motion Picture Association for “violence/action, language, and rude/macabre humor.” Running time: 90 minutes. One and a half stars out of four.
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