Meta gives Zuckerberg more shares under deal tied to possible California billionaire tax
Meta has agreed to give Mark Zuckerberg additional shares under a deal linked to a proposed California tax on billionaires. The arrangement is set to last eight years while he remains a state resident, even if voters reject the tax.
- Meta agreed to give Zuckerberg additional shares under a deal linked to California’s proposed billionaire tax.
- The proposal would levy a one-time 5% tax on state residents with net worth above $1bn.