Mark Zuckerberg owns 13% of Meta but controls 61% of its votes. California’s wealth tax would bill him on the 13%

Paying a potential $12 billion bill would have meant selling the shares that give him control. A new class of stock solves that.

Source: [Fortune](https://fortune.com/2026/10/23/mark-zuckerberg-meta-shares-stock-california-tax/)