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Meta strikes deal with Zuckerberg to protect him from California wealth tax

The Guardian UK Thursday 22 October 2026, 10:10 UTC By Graeme Wearden 1 min read
Key Points

Company says deal will keep its chief executive living in California even if state brings in one-off billionaire taxBusiness live – latest updatesMeta 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.

Company says deal will keep its chief executive living in California even if state brings in one-off billionaire tax

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.

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Meta (ORG) Zuckerberg (PERSON) California (LOCATION) Mark Zuckerberg (PERSON) Facebook (ORG) Instagram (ORG) WhatsApp (ORG)
Originally published by The Guardian UK Read original →

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