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Zuckerberg gets new Meta shares to stay in California amid billionaire tax vote

Agence France-Presse · South China Morning Post
Published 23 Oct 2026, 2:20 am·1 h ago·1 min read
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Meta Platforms CEO Mark Zuckerberg will get a new chunk of shares in the company he founded, and in return, he has agreed to stay in California, where the company is headquartered, for at least eight more years. It is partly a financial carrot intended to keep Zuckerberg in California, where voters in November will decide whether to approve a temporary tax on wealth held by billionaires who live in the state. Meta announced the deal on Wednesday in a securities filing that coincided with its...

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Meta strikes deal to keep Zuckerberg in California after wealth tax concerns
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