Facing Rp129 trillion tax bill, this tycoon offers an unexpected response

Jakarta, CNBC Indonesia - The state of California, United States, plans to implement a wealth tax on billionaires. However, world-class conglomerate Jensen Huang says he does not mind paying taxes up to almost US$8 billion. According to CNBC Indonesia, as of 6 January, the wealth of Nvidia’s chief executive is around US$155 billion. His wealth makes him the ninth-richest person in the world. With that value, Huang could owe about US7.75billionorRp129.42trillion(assumingRp16, 700perUS) if California formally imposes a one-off wealth tax of 5% on individuals with wealth above US$1.1 billion.