EconomyMeta strikes deal to keep Mark Zuckerberg in California amid billionaire-tax threat
Meta has agreed to let Mark Zuckerberg sell shares without losing control of the company if he needs to cover a large tax bill. He had considered moving his primary residence out of California over a proposed one-time 5% tax on residents worth more than $1bn, which has not yet passed and will go to voters on 3 November.
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BBC News★★☆☆☆2026-10-22 16:16Original
Meta strikes deal to keep Mark Zuckerberg in California amid billionaire-tax threat
Economy