# Zuckerberg told Meta directors he might leave California, where he could lose billions to a wealth tax. Meta answered with a new class of stock

- Source: Fortune
- Published: 2026-10-21T23:59:13+00:00
- Category: Business
- Original: https://fortune.com/2026/10/21/zuckerberg-meta-california-wealth-tax-billions-class-c-stock/
- Canonical: https://groundlevelnews.com/story/zuckerberg-told-meta-directors-he-might-leave-california-where-he-coul-2d4ff9/

Meta could have raised about $700 billion in equity capital before Zuckerberg lost majority control, a filing shows. The new share class will raise money without diluting him—and allow him to foot a potential bill in California.

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