Meta’s share deal with Zuckerberg aims to cover potential multibillion-dollar wealth tax bill: How it works
· livemint.com
Meta has agreed to keep CEO Mark Zuckerberg in California for eight years as the state considers a proposed one-time 5% tax on billionaires. A new class of nonvoting shares will let him raise cash while preserving his voting control and support Meta’s AI investment plans.
Sanchari Ghosh
Sanchari Ghosh is an Assistant Editor at Mint with over 12 years of experience in journalism, specialising in personal finance, DLT & DeFi, geop...