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Meta Creates Nonvoting Stock To Help Zuckerberg Pay California Billionaire Tax
Source: Nasdaq
Management & GovernanceTax & TariffsCompany Fundamentals
Meta approved a new class of non-voting stock that could let CEO Mark Zuckerberg raise billions of dollars to cover a potential California wealth tax while retaining majority voting control. The article does not specify an amount raised or report a market reaction.
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