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Meta strikes deal with Zuckerberg to protect him from California wealth tax

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This story was selected and curated by our editorial team in the Business category. Published on October 22, 2026 • Originally reported by Graeme Wearden. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

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

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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