Meta Platforms struck a deal with its CEO Mark Zuckerberg to keep him residing in California as the state prepares to vote on a billionaire tax in November.
Zuckerberg’s estimated net worth is about $239 billion, making him the 6th richest person in the world, according to Forbes. He has been negotiating with his own company’s board as he stares down the barrel of his home state’s possible one-time billionaire tax that could axe 5% of his net worth.
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