Facebook whistleblower Frances Haugen breaks down the shocking deal Meta’s board just gave Mark Zuckerberg to keep him in California. With a billionaire wealth tax on the ballot and Zuck threatening to leave, the board created new non-voting shares that let him sell off half his fortune over eight years without giving up any control of the company. Shareholders blocked this same idea in 2017. Now it’s done, and no shareholder vote can stop it.
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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida. He currently resides in Ft. Lauderdale, Florida.