https://www.live-feeds.com/feed/how-mark-zuckerberg-pushed-meta-to-shield-him-from-california-s-proposed-wealth-taxContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/how-mark-zuckerberg-pushed-meta-to-shield-him-from-california-s-proposed-wealth-taxhttps://www.live-feeds.com/feed/how-mark-zuckerberg-pushed-meta-to-shield-him-from-california-s-proposed-wealth-tax#u153127Sun, 25 Oct 2026 06:26:25 +0000Mark Zuckerberg pushed Meta to create a new class of stock to shield him from California's proposed wealth tax. He had considered leaving California over the tax. Meta offered Zuckerberg new shares to keep him in the state. The company's move aims to help Zuckerberg pay the tax if voters pass it.Why it mattersCalifornia's proposed wealth tax has prompted concerns among billionaires, including Mark Zuckerberg. The tax could significantly impact their net worth. Zuckerberg's decision to stay in California or leave has implications for Meta and the state's economy. The pr