Mark Zuckerberg’s creative plan to pay California’s proposed billionaire tax without losing control of Meta
Summary
Meta has introduced a new class of stock specifically designed to help CEO Mark Zuckerberg cover the costs of a proposed billionaire tax in California. This financial structure allows him to meet potential tax obligations while maintaining his voting control over the technology giant.
A newly launched stock class being offered was partially engineered to help Meta founder and CEO Mark Zuckerberg pay the "billionaire's tax," should the measure be voted into law.
Source: Read the full story at TechCrunch
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