Billionaire George Joseph Pushes California Ballot Prop – Again
<p>
In California, the rule of politics is sometimes “one man, one ballot proposition.”</p>
<p>
Pretty much by himself, billionaire <a href="http://www.forbes.com/profile/george-joseph/">George Joseph</a> is financing an initiative governing insurance rates.</p>
<p>
As the chairman and largest stockholder of Mercury General Corporation, an insurance company that does most of its business in California, Joseph has deep pockets. <em>Forbes</em> estimated his net worth at $1.1 billion in September.</p>
