# Meta offers Zuckerberg share deal to stay in California

> Meta CEO Mark Zuckerberg gets new shares to stay in California for eight years amid billionaire tax vote.
- Title: Meta offers Zuckerberg share deal to stay in California
- Summary: Meta CEO Mark Zuckerberg gets new shares to stay in California for eight years amid billionaire tax vote. Meta CEO Mark Zuckerberg will receive new shares…
- Keywords: meta, mark zuckerberg, california, proposition 40, billionaire tax, wealth tax, news, world, offers, Zuckerberg, share, deal
- Source: Malay Mail — https://malaymail.com/news/money/2026/10/22/meta-offers-zuckerberg-share-deal-to-stay-in-california-as-billionaire-tax-vote-looms/240126
- Published: 2026-10-22T10:11:17+00:00
- Read time: 1 min
- Topics: meta, mark zuckerberg, california, proposition 40, billionaire tax, wealth tax, news, world
## Meta offers Zuckerberg share deal
Meta CEO Mark Zuckerberg will receive new shares and stay in California for at least eight years amid discussions of a billionaire wealth tax.
## California tax vote looms
Voters in November will decide whether to approve a temporary tax on wealth held by billionaires who reside in the state.
## Proposition 40 tax details
Proposition 40 could impose a one-time five percent tax on billionaires with 90 percent of proceeds earmarked for healthcare services.
## Zuckerberg's share ownership
Zuckerberg owned more than 342 million Meta shares at the end of 2025, most of which are super-voting shares.
## Voting power concern
Meta expressed concern that Zuckerberg’s voting power could drop to approximately 53 per cent or lower if he sells shares to pay taxes.
## Deal structure
The deal allows Zuckerberg to sell shares without significantly diluting his voting power if Proposition 40 is approved.
## Billionaire relocation
Some California billionaires have preemptively relocated, including Google founders Sergey Brin and Larry Page.
## Nvidia CEO response
Nvidia CEO Jensen Huang said he is not afraid of paying taxes even if it means an US$8 billion tax bill.
## Key takeaway

Meta CEO Mark Zuckerberg will receive new shares and stay in California for at least eight years if Proposition 40 passes.