New York Times:

SEC filings show how Meta restructured its stock to shield Mark Zuckerberg from California's proposed wealth tax, after he said he'd sell his Palo Alto home  —  The billionaire told Meta's board that he planned to list his Silicon Valley home for sale.  The company remade its stock structure to help him pay the tax if voters pass it.

New York Times:

SEC filings show how Meta restructured its stock to shield Mark Zuckerberg from California's proposed wealth tax, after he said he'd sell his Palo Alto home  —  The billionaire told Meta's board that he planned to list his Silicon Valley home for sale.  The company remade its stock structure to help him pay the tax if voters pass it.

Source: TechMeme
Source Link: https://www.techmeme.com/261022/p3#a261022p3