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Technology

Meta strikes deal with Mark Zuckerberg to help him foot billionaire tax bill

The Guardian Australia - Technology · 23 October 2026 at 2:40 am

Meta strikes deal with Mark Zuckerberg to help him foot billionaire tax bill

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