A Billionaire’s Dream of Splitting Up California Moves One Step Closer to Reality
- Venture capitalist is seeking to break state into three parts
- Effort faces big hurdles in succeeding, even if approved
Tim Draper
Photographer: Frederick M. Brown/Getty Images North AmericaThis article is for subscribers only.
Billionaire Tim Draper, who’s leading a push to break California into three states, is getting his shot to let voters decide on the issue.
Draper, a venture capitalist and cryptocurrency enthusiast, obtained enough signatures for the measure to qualify for the state’s ballot in November, the California Secretary of State announced late Tuesday.