Meta strikes deal with Mark Zuckerberg to help him foot billionaire tax bill

Chief executive agrees to remain in California for eight years even if state brings in one-off 5% wealth tax Meta has struck a deal with Mark Zuckerberg to help him foot a possible California wealth tax targeting billionaires. The social media company behind Facebook, Instagram and WhatsApp revealed on Wednesday night that the arrangement would keep its chief executive living in California, where Meta’s headquarters are located. Continue reading...

Graeme Wearden · Thu, Oct 22, 2026, 8:40 AM
California | The Guardian

Meta strikes deal with Mark Zuckerberg to help him foot billionaire tax bill

Chief executive agrees to remain in California for eight years even if state brings in one-off 5% wealth tax

Meta has struck a deal with Mark Zuckerberg to help him foot a possible California wealth tax targeting billionaires.

The social media company behind Facebook, Instagram and WhatsApp revealed on Wednesday night that the arrangement would keep its chief executive living in California, where Meta’s headquarters are located.

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