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

- Source: Fortune
- Published: 2026-10-23T06:51:00+00:00
- Category: Business
- Original: https://fortune.com/2026/10/23/mark-zuckerberg-meta-shares-stock-california-tax/
- Canonical: https://groundlevelnews.com/story/mark-zuckerberg-owns-13-of-meta-but-controls-61-of-its-votes-californi-4a454c/

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

_Ground Level News shows a short summary only; the full article and all rights belong to Fortune._