Meta Platforms revealed in an official document submitted on Wednesday that the company's CEO Mark Zuckerberg has promised to continue using the company's headquarters as his primary residence for the next eight years, unless an “unforeseen major emergency” occurs. The documents also revealed Zuckerberg's previous intention to “run away.” He has confessed to Meta's board of directors that since California is about to vote on a precedent-setting “wealth tax proposal” by voters on November 3, he has been carefully evaluating whether to completely move out of California until now. Meta explained that once the millionaire tax bill is passed and legislated, Zuckerberg will face a huge tax bill of “up to several billion dollars” due to holding Meta shares. To pay this astronomical amount of tax, Zuckerberg may have to sell off the company's shares in large quantities. This will not only directly dilute his personal assets, but will also cause his share of voting rights in Meta to plummet from the current 60.6% to 53% or even lower, seriously undermining his absolute control over the company.

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