https://www.live-feeds.com/feed/meta-offers-zuckerberg-new-shares-to-keep-him-in-californiaContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/meta-offers-zuckerberg-new-shares-to-keep-him-in-californiahttps://www.live-feeds.com/feed/meta-offers-zuckerberg-new-shares-to-keep-him-in-california#u154227Sun, 25 Oct 2026 13:51:25 +0000Meta Platforms has created a new class of stock to help CEO Mark Zuckerberg pay a potential wealth tax and remain in California. Zuckerberg had weighed leaving the state if a proposed billionaire wealth tax measure passed. The share deal allows him to cover the tax liability while retaining control of the company. Meta's board negotiated the capital structure change and a residency commitment to prevent the executive's departure.Why it mattersThe corporate adjustment addresses a state wealth tax measure that prompted discussions about Zuckerberg relocating. By restructuring capital,