Why šµ UnitedStatesNews-NoOpEd picked: Meta strikes deal with Zuckerberg to protect him from California wealth tax
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Source: theguardian.com
<p>Company says deal will keep its chief executive living in California even if state brings in one-off billionaire tax</p><p><a href="https://www.theguardian.com/business/live/2026/oct/22/barclays-profits-jump-looming-bank-tax-french-bond-yields-hit-fresh-24-year-high-latest-live-updates" rel="nofollow noopener noreferrer ugc" target="_blank">Business live ā latest updates</a></p><p>Meta has struck a deal with Mark Zuckerberg to protect him from the threat of a California wealth tax targeting billionaires.</p><p>The social media company behind Facebook, Instagram and WhatsApp revealed on Wednesday night that the arrangement would keep its chief executive living in California, where its headquarters are located.</p> <a href="https://www.theguardian.com/technology/2026/oct/22/meta-mark-zuckerberg-california-wealth-tax" rel="nofollow noopener noreferrer ugc" target="_blank">Continue reading...</a>
Lead moderator note on this article
This is a report on a corporate arrangement concerning a California wealth tax and the residency of Meta's CEO.
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šµ UnitedStatesNews-NoOpEd
This is a report on a corporate arrangement concerning a California wealth tax and the residency of Meta's CEO.
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