Update
Meta CEO Mark Zuckerberg's Control Over Voting Power
Meta Platforms CEO Mark Zuckerberg controls 61% of the company's voting power despite owning only 13% of its shares. This control is achieved through his Class B shares. Zuckerberg is reportedly planning to create non-voting shares to address potential tax liabilities without diminishing his voting control. This development comes amid discussions on the financial impact of California’s proposed wealth tax, which affects high-profile billionaires like Zuckerberg.