Animation Mogul Chris Meledandri Relocates to Florida to Avoid Tax
What happened
Chris Meledandri relocated to Florida on November 4, 2026, stating the move was to avoid billionaire tax. He established Illumination, the animation studio, after leaving 20th Century Fox Animation in 2007. Illumination is known for high-grossing franchises including "Despicable Me" and "Ice Age".
From pagesix.com
Why it matters
The relocation reflects a trend of high-net-worth industry leaders moving to states with favorable tax environments. This movement underscores the financial impact of proposed state-level wealth taxes, such as Proposition 40 in California.
From pagesix.com
Who's involved
- Chris MeledandriAmerican film producer and founder of Illumination
- IlluminationAmerican animation film production company founded by Chris Meledandri
- FloridaState of Florida where Chris Meledandri relocated
- HollywoodIndustry where Chris Meledandri operates blockbuster production operations
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- FloridaSpeculative
Could benefit from increased investment and talent migration seeking favorable tax environments
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The entities involved
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Chris Meledandri
American film producer
Nothing else this week.
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Florida
state of the United States of America