{
  "id": 15992436,
  "title": "Meta strikes deal to keep Zuckerberg in California after wealth tax concerns",
  "url": "https://urgent.news/2026/10/22/meta-strikes-deal-to-keep-zuckerberg-in-california-after-wealth-tax-15992436",
  "topic": "world",
  "section": "World",
  "published": "2026-10-22T03:32:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/world/20261022/meta-strikes-deal-to-keep-zuckerberg-in-california-after-wealth-tax-concerns"
  },
  "original_language": "en",
  "account": "Meta Platforms has reached an agreement with CEO Mark Zuckerberg to ensure he remains a resident of California for eight years following concerns over a proposed wealth tax. The billionaire is considering relocating his primary residence outside the state due to the potential for a significant tax liability, which could force him to sell voting shares to pay the tax. As part of the deal, Zuckerberg will receive non-voting shares that he can sell to cover the tax bill if Proposition 40 passes. This ballot measure, dubbed the \"California wealth tax,\" aims to impose a one-time 5% tax on the state's billionaires. While the measure's chances of passing remain uncertain, California is home to as many as 250 billionaires, collectively worth over $2 trillion.",
  "summary": "Meta Platforms has struck a deal with Mark Zuckerberg to keep him living in California after the CEO warned he was considering leaving the state that houses the company's headquarters if voters pass a wealth tax proposal next month. Under the deal, Zuckerberg will get non-voting shares he can sell to potentially foot a multi-billion-dollar tax bill in the event the proposal is approved, in…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "MarketWatch Top",
        "title": "This wonky maneuver kept Mark Zuckerberg from fleeing a California billionaire tax",
        "url": "https://urgent.news/2026/10/22/this-wonky-maneuver-kept-mark-zuckerberg-from-fleeing-a-california",
        "published": "2026-10-22T00:48:00.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Meta share deal ties Zuckerberg to California amid wealth tax vote",
        "url": "https://urgent.news/2026/10/22/meta-share-deal-ties-zuckerberg-to-california-amid-wealth-tax-vote",
        "published": "2026-10-22T01:22:29.000Z"
      },
      {
        "outlet": "Malay Mail",
        "title": "Meta offers Zuckerberg share deal to stay in California as billionaire tax vote looms",
        "url": "https://urgent.news/2026/10/22/meta-offers-zuckerberg-share-deal-to-stay-in-california-as",
        "published": "2026-10-22T02:11:17.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Meta strikes deal to keep Zuckerberg in California after wealth tax concerns",
        "url": "https://urgent.news/2026/10/22/meta-strikes-deal-to-keep-zuckerberg-in-california-after-wealth-tax",
        "published": "2026-10-22T02:12:40.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Meta strikes deal to keep Zuckerberg in California after wealth tax concerns",
        "url": "https://urgent.news/2026/10/22/meta-strikes-deal-to-keep-zuckerberg-in-california-after-wealth-tax-15989494",
        "published": "2026-10-22T02:16:05.000Z"
      },
      {
        "outlet": "Economic Times Tech",
        "title": "Meta strikes deal to keep Mark Zuckerberg in California after wealth tax concerns",
        "url": "https://urgent.news/2026/10/22/meta-strikes-deal-to-keep-mark-zuckerberg-in-california-after-wealth",
        "published": "2026-10-22T02:30:40.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Meta strikes deal to keep Zuckerberg in California after wealth tax concerns",
        "url": "https://urgent.news/2026/10/22/meta-strikes-deal-to-keep-zuckerberg-in-california-after-wealth-tax-15989126",
        "published": "2026-10-22T02:57:04.000Z"
      },
      {
        "outlet": "Daily Maverick",
        "title": "Meta strikes deal to keep Zuckerberg in California after wealth tax concerns",
        "url": "https://urgent.news/2026/10/22/meta-strikes-deal-to-keep-zuckerberg-in-california-after-wealth-tax-15989361",
        "published": "2026-10-22T03:02:51.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}