# Meta grants Zuckerberg shares that could offset California wealth tax bill

- URL: https://talkfuse.com/story/meta-shields-mark-zuckerberg-from-possible-billionaires-tax-hit/
- Published: 2026-10-22T18:26:56+00:00
- Updated: 2026-10-22T18:38:12+00:00
- Original publisher: BBC World (publisher lean: Centre)
- Original article: https://www.bbc.co.uk/news/articles/cky83vwnyglno?at_medium=RSS&at_campaign=rss
- Topics: Technology, World

## Key points

- Meta will give Zuckerberg more shares under an eight-year deal.
- California’s proposed tax could cost him about $10bn.
- Meta says the agreement supports his leadership of its AI push.

## Summary

Meta has agreed to give Mark Zuckerberg additional shares, helping offset a potential tax bill if California voters approve a proposed one-off levy on billionaires. The deal follows his suggestion that he might move his main residence out of the state, and reflects Meta’s stated aim of keeping him in California to lead its AI push.

The proposal would tax residents worth more than $1bn at 5% and could cost Zuckerberg about $10bn; his wealth is estimated at more than $200bn. The eight-year share agreement allows him to sell shares quarterly and appears to apply even if the tax fails, provided he remains a California resident. Meta says it plans to spend up to $145bn on AI this year, as its workforce has fallen by at least 10,000 over the past year.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.