Meta compensates Zuckerberg for California billionaire tax to retain CEO

Meta has agreed to issue additional shares to CEO Mark Zuckerberg to offset potential losses from a proposed California billionaire tax, aiming to prevent his relocation. The deal, which increases Zuckerberg's equity stake, signals corporate adaptation to state tax policy and highlights the influence of high-net-worth individuals on fiscal legislation. The tax proposal remains pending, and the financial impact on Meta is uncertain.

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