However broke the state of California may be, it’s also sitting on a treasure trove of unclaimed property that’s valued at over $6 billion. Holders like “corporations, business associations, financial institutions, and insurance companies” are required to report any unclaimed property annually to the state comptroller’s office. That means if you’ve forgotten about bank account contents or uncashed money orders, they’re sitting around with the comptroller.
Houston Rockets quantitative analyst Christopher Long searched the database for some bold-faced names and came up with some pretty amusing results. For one, Google cofounder Sergey Brin is apparently owed paychecks from Stanford University worth over $1,000. (No word on whether Rockets player and Harvard grad Jeremy Lin helped sift through the bold-faced names.)
The most interesting, however, is that according to the comptroller, PayPal owes Facebook founder Mark Zuckerberg $308.62. The address listed on the form is for 1743 Westbrook Ave. in Los Altos, CA, the house Zuck and Co. rented [PDF] while building Facebook. As a struggling entrepreneur in 2004-2005, he probably could’ve used that money.
Misters Zuck, Brin, Woz and Musk can fill out a Claim Affirmation Form to collect their money, though we’re guessing it’s chump change to the cadre of millionnaires at this point.