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Mark Zuckerberg Agrees to Stay in California Despite Billionaires’ Tax Ballot Measure

Wired·October 21, 2026·1 min read
Mark Zuckerberg Agrees to Stay in California Despite Billionaires’ Tax Ballot Measure

Meta's board agreed to a new stock agreement giving Mark Zuckerberg financial incentives to stay in California, fearing his departure could disrupt AI ambitions. The move comes amid a billionaire tax ballot measure that might prompt wealthy residents to leave. The agreement aims to retain the CEO and ensure stability for Meta's AI projects.

Read at Wired
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