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Meta Creates Nonvoting Shares to Shield Zuckerberg from California’s Proposed Wealth Levy

A new class of Meta stock allows its CEO to offload economic value while retaining voting dominance, potentially addressing a $11 billion tax liability.

Nikolai Morales · Oct 24, 2026
Illustration for: Meta Creates Nonvoting Shares to Shield Zuckerberg from California’s Proposed Wealth Levy
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