His company Mark Zuckerberg Meta Inc. (his mother Facebook) spares no expense when it comes to his family’s security, as a new report revealed that the giant spent nearly $ 27 million on his security in 2021.
According to Bloomberg, a new security file shows that Meta Platforms Inc. spent $ 15.2 million on home security and personal travel of the managing director. In addition, the company provided $ 10 million in pre-tax security allowance for the Zuckerberg familyand $ 1.6 million for personal use of aircraft.
The huge spending – totaling $ 26.8 million – represents a 6% increase over what the company spent on Zuckerberg’s security in 2020. It has been argued that higher spending is largely due to the ongoing COVID-19 pandemic. .
In total, the company footed a security bill of $ 26.8 million for Mark Zuckerberg and his family last year – a 6% increase from 2020 https://t.co/VJPwZWnIiB
– Bloomberg (@business) April 11, 2022
In the security file, Meta justified the large security bill, explaining that Zuckerberg’s identity is synonymous with the company, which puts him at greater risk than other CEOs.
“Mr. Zuckerberg’s role puts him in a unique position: He is synonymous with Meta”
“We believe that Mr. Zuckerberg’s role puts him in a unique position: he is synonymous with Meta and, therefore, the negative feeling about our company is directly related to Mr. Zuckerberg and is often transferred to him,” she wrote. Meta on deposit.
“Mr. Zuckerberg is one of the most recognized executives in the world, largely as a result of the size of our user base and our ongoing exposure to global media, legislative and regulatory attention,” the company continued. .
As the Protocol points out, the cost of Zuckerberg’s security is in stark contrast to how much such companies spend on the prosperity of their CEO.

Next to Meta, Google paid $ 4.3 million for one of the largest security bills for CEO Sundar Pichai, while Snapchat paid $ 2.3 million for Evan Spiegel’s security and Amazon paid $ 1.6 million. dollars for Jeff Bezos.
Zuckerberg’s security costs more than all the aforementioned CEOs combined. But since Tesla Inc. does not disclose how much it spends on CEO Elon Musk’s security bills, they may be comparable to Meta.
Zuckerberg is not the only Meta executive to cost the company a small fortune on security. It has also been reported that COO Sheryl Sandberg’s security cost $ 9 million last year alone. In addition, it also received $ 2.3 million for personal travel and private jets.
Source: News Beast

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.