Meta Issues Class C Stock to Shield Zuckerberg From California Wealth Tax

By Lucas Ropek · TechCrunch · 2026-10-22

TechCrunch reports that Meta is introducing non-voting shares to help its chief executive settle a potential eleven billion dollar tax bill. By distributing these Class C shares as a dividend, the company allows Mark Zuckerberg to liquidate a portion of his holdings without dilut

TechCrunch reports that Meta is introducing non-voting shares to help its chief executive settle a potential eleven billion dollar tax bill. By distributing these Class C shares as a dividend, the company allows Mark Zuckerberg to liquidate a portion of his holdings without dilut