Meta has introduced a new class of non-voting stock that would let Mark Zuckerberg sell shares to cover a potential multi-billion-dollar California wealth tax without losing his 61% voting control, while committing him to remain in the state for eight years.
Meta Creates Non-Voting Shares to Shield Zuckerberg From California Wealth Tax
Meta has introduced a new class of non-voting stock that would let Mark Zuckerberg sell shares to cover a potential multi-billion-dollar California wealth tax without losing his 61% voting control, while committing him to remain in the state for eight years.
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