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Zuckerberg makes Meta deal to cover potential billionaire tax

Sacramento: Mark Zuckerberg made a deal with Metas board to help him pay a proposed California tax on billionaires without losing his ownership stake in the company he founded, according to regulatory filings published this week. If passed by voters in the November 3 election, the measure would levy a one-time 5 per cent tax Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

23 Oct 2026 8:53 pm