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moves money TNW October 23, 2026

Zuckerberg planned to sell his home, so Meta built him a wealth tax deal

Zuckerberg planned to sell his home, so Meta built him a wealth tax deal
AI Summary

Meta says Mark Zuckerberg “would effectively be paying to serve” as its chief executive if California taxes its billionaires. So it is creating new shares he can sell to cover the bill. In return, he has promised to stay in the state, an SEC filing published on Wednesday shows.

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