Thursday, 22 October 2026 Updated 16 min ago
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Meta strikes deal with Zuckerberg to protect him from California wealth tax

Company says deal will keep its chief executive living in California even if state brings in one-off billionaire tax Business live – latest updates Meta has…

Image accompanying the story: Meta strikes deal with Zuckerberg to protect him from California wealth tax
Image: Photograph: Godofredo A Vásquez/AP · via The Guardian

The Guardian reports: Company says deal will keep its chief executive living in California even if state brings in one-off billionaire tax Business live – latest updates Meta has struck a deal with Mark Zuckerberg to protect him from the threat of a 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 its headquarters are located.

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

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Key details

Location
United States · Americas
Reported by
The Guardian
First reported
Key names
California, Mark Zuckerberg, Zuckerberg, Business
Section
Technology

Sources

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

Read the full story at The Guardian

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