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Real Estate

This wonky maneuver kept Mark Zuckerberg from fleeing a California billionaire tax

Katherine Langford
Editor-in-Chief · Thursday, October 22, 2026 at 12:48 AM · 1 min read
This wonky maneuver kept Mark Zuckerberg from fleeing a California billionaire tax — MarketWatch, Austin Real Estate news
Image: MarketWatch

Facing a potentially giant tax bill that could threaten his voting power, Zuckerberg was days away from listing his Palo Alto home when Meta agreed to create a new class of stock.

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