Meta’s share deal with Zuckerberg aims to cover potential multibillion-dollar wealth tax bill: How it works

Thursday, October 22, 2026 - 10:22
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Meta’s share deal with Zuckerberg aims to cover potential multibillion-dollar wealth tax bill: How it works
Meta has agreed to keep CEO Mark Zuckerberg in California for eight years as the state considers a proposed one-time 5% tax on billionaires. A new class of nonvoting shares will let him raise cash while preserving his voting control and support Meta’s AI investment plans.

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