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Recent Examples of cofoundersMany billionaires, including Google cofounders Larry Page and Sergey Brin, Oracle cofounder Larry Ellison, PayPal cofounder Peter Thiel, and Craft Ventures’ David Sacks, have already moved their permanent residences out of state to avoid the tax.—
Sydney Lake,
Fortune,
9 Feb. 2026 The company was cofounded by Thousand Fell cofounders Stuart Ahlum and Chloe Songer, along with Gilt Groupe cofounder Phong Nguyen.—
Rhonda Richford,
Footwear News,
10 Dec. 2025
The following week, Zuckerberg’s lawyers sent a letter asking for a pay package similar to those made to other tech founders, partly so Zuckerberg could pay a potential tax bill.
—
Amanda Gerut,
Fortune,
21 Oct. 2026
Alphabet made a similar move in 2014, executing a 2-for-1 stock split that introduced non-voting shares alongside super-voting shares, which allowed the combined control of co-founders Larry Page and Sergey Brin to remain at just over 50%.