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Meta strikes deal with Zuckerberg to protect him from California wealth tax

The Guardian
Image: The Guardian

Company says deal will keep its chief executive living in California even if state brings in one-off billionaire tax Business live – latest updates Meta has struck a deal with Mark Zuckerberg to protect him from the threat of a California wealth tax…

Summary from The Guardian

How 5 outlets are covering it

  1. BBC
    Are California voters about to impose world's first 'tax on billionaires'?

    Voters are about to decide if the mega-rich among them should hand over billions of dollars to pay for improvements to healthcare.

    Read on BBC
  2. TechCrunch
    Mark Zuckerberg’s creative plan to pay California’s proposed billionaire tax without losing control of Meta

    A newly launched stock class being offered was partially engineered to help Meta founder and CEO Mark Zuckerberg pay the "billionaire's tax," should the measure be voted into law.

    Read on TechCrunch
  3. CNBC
    Meta’s deal to keep Zuckerberg in California adds fuel to wealth tax debate ahead of election

    With less than two weeks before the midterm elections, Meta made clear that Mark Zuckerberg is staying in California if the wealth tax passes.

    Read on CNBC
  4. BBC
    Meta strikes deal to stop Mark Zuckerberg leaving California over billionaire tax

    The Meta boss said he would exit the state over a wealth tax that has not yet come into force.

    Read on BBC
  5. New York Times
    Zuckerberg’s Big Deal to Stay in California

    The agreement that Mark Zuckerberg, Meta’s chief executive, cut to stay in California underscores businesses’ fears about a major tax proposal.

    Read on New York Times
  6. The Guardian
    Meta strikes deal with Zuckerberg to protect him from California wealth tax

    Company says deal will keep its chief executive living in California even if state brings in one-off billionaire tax Business live – latest updates Meta has struck a deal with Mark Zuckerberg to…

    Read on The Guardian

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