Meta grants Zuckerberg shares to keep him in California ahead of billionaire tax vote

Meta Platforms announced a share grant to CEO Mark Zuckerberg contingent on his remaining in California for at least eight years, a move timed ahead of a November ballot measure proposing a temporary wealth tax on billionaires. The deal is a corporate retention mechanism with political implications, as it could reduce the incentive for Zuckerberg to relocate and thereby affect the tax base. The outcome of the vote remains uncertain, and the arrangement's legality and shareholder reception are not yet fully assessed.

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