This wonky maneuver kept Mark Zuckerberg from fleeing a California billionaire tax
- California: 111 events in the last 90 days
- Previous: earlier the same day · Zuckerberg told Meta directors he might leave California, where he could lose billions to a wealth tax. Meta answered with a new class of stock
What happened
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.
Summary assembled by rule from the sources below