This wonky maneuver kept Mark Zuckerberg from fleeing a California billionaire tax

Economy MarketWatch By Christine Ji 22 Oct 2026 00:48 1 min read
This wonky maneuver kept Mark Zuckerberg from fleeing a California billionaire tax

Facing a potentially giant tax bill that could threaten his voting power, Zuckerberg was days away from listing his Palo Alto home when Meta agreed to create a new class of stock.

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