Pro-Wealth Advocate Plans 'March for Billionaires' in San Francisco

The event aims to push back against California's proposed 'billionaire's tax'

Published on Feb. 7, 2026

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A pro-wealth advocate named Derik Kauffman is organizing a 'March for Billionaires' in San Francisco on Saturday to protest the state's proposed 'billionaire's tax.' Kauffman, the co-founder of an AI startup called RunRL, says the march is meant to 'change the sentiment' and 'recognize that billionaires have done a lot for us and communicate that we're glad they're here.' The march is set to begin at 11 a.m. at Alta Plaza Park and continue to a rally at the Civic Center at 12:30 p.m.

Why it matters

The proposed 'billionaire's tax' in California has sparked a debate over the role and influence of the ultra-wealthy in the state. This march represents an effort by pro-wealth advocates to push back against the growing sentiment that billionaires should be more heavily taxed or targeted, arguing that they provide significant economic benefits to the state.

The details

Derik Kauffman, the co-founder of the AI startup RunRL, is organizing the 'March for Billionaires' in San Francisco. He says the march is not being funded by billionaires and that he is acting on his own to 'change the sentiment' around billionaires and communicate that they have 'done a lot for us' and that the city is 'glad they're here.' The march is set to begin at 11 a.m. at Alta Plaza Park in Pacific Heights and continue to a rally at the Civic Center at 12:30 p.m.

  • The march is scheduled for Saturday, February 15, 2026.

The players

Derik Kauffman

The co-founder of the AI startup RunRL who is organizing the 'March for Billionaires' in San Francisco.

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What they’re saying

“Vilifying billionaires is popular. Losing them is expensive.”

— Derik Kauffman, Event Organizer (March for Billionaires website)

“California benefits enormously when entrepreneurs choose to build here. We're currently watching them leave.”

— Derik Kauffman, Event Organizer (March for Billionaires website)

“The march aims to 'change the sentiment... to recognize that billionaires have done a lot for us and communicate that we're glad they're here.'”

— Derik Kauffman, Event Organizer (San Francisco Examiner)

What’s next

The march is scheduled to take place on Saturday, February 15, 2026, beginning at 11 a.m. at Alta Plaza Park and continuing to a rally at the Civic Center at 12:30 p.m.

The takeaway

This march represents a pro-wealth advocacy effort to push back against the growing sentiment in California that billionaires should be more heavily taxed or targeted. The organizer argues that billionaires provide significant economic benefits to the state and that their presence should be celebrated, not vilified.