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Mark Zuckerberg’s creative plan to pay California’s proposed billionaire tax without losing control of Meta

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…

Image accompanying the story: Mark Zuckerberg’s creative plan to pay California’s proposed billionaire tax without losing control of Meta
Image: The Hindu · via TechCrunch

According to TechCrunch, 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.

The story is also being covered by The Hindu. The Hindu adds: Mark Zuckerberg has made a deal with Meta to help him pay a proposed billionaire tax that is on the ballot in California.

This technology story centres on the United States. Names and organisations mentioned in the coverage include Meta, Mark Zuckerberg and California.

Why it matters

Technology stories like this can affect how people work, communicate and protect their data. It is being reported by more than one news organisation.

Key details

Location
United States · Americas
Reported by
TechCrunch and The Hindu
First reported
Key names
Meta, Mark Zuckerberg, California, CEO Mark Zuckerberg
Section
Technology

Sources

This is an independent summary. Read the full, original reporting from the publishers:

Read the full story at TechCrunch

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