Comment: This works if shares go up after IPO (Score 3, Informative) 911
I looked up Singapore individual tax rates. Max out at 20% and 0% on capital gains. Looks like a good deal for him. I assume Calif will get some tax out of him too before he leaves. I assume he must have another citizenship already. Notice Singpore requires two years residency before you can be a citizen. Of course maybe there is a billonaire's exception.