Home / Internet News / Fb spent $20 million on Mark Zuckerberg's safety remaining 12 months – CNET

Fb spent $20 million on Mark Zuckerberg's safety remaining 12 months – CNET

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Fb CEO Mark Zuckerberg is pricey to give protection to.

James Martin/CNET

It takes some huge cash to give protection to Mark Zuckerberg.

Facebook on Friday mentioned it spent $20 million on non-public safety for the CEO, according to an SEC filing.

Like every other founder-CEOs (together with Google’s Larry Page and Apple’s past due co-founder Steve Jobs), Zuckerberg handiest takes a $1 wage every 12 months. However his general repayment used to be $22.6 million, spent most commonly on an “total safety program” for him and his circle of relatives at house and all the way through non-public go back and forth. That quantity more than doubled since 2017, when he made $nine.1 million in general repayment.  

The corporate additionally mentioned it spent $2.6 million on personal aircraft prices. The determine, which may be integrated in his general repayment, is up from $1.five million a 12 months earlier than. Fb mentioned the plane bills went to constitution firms and integrated “passenger charges, gas, staff, and catering prices.”

Fb additionally mentioned it spent $2.nine million on non-public safety for COO Sheryl Sandberg, up fairly from the $2.6 million a 12 months earlier than. The corporate spent greater than $900,000 her personal aircraft prices.

The social community declined to remark past the submitting. 

The spike in safety and go back and forth prices come as Fb faces probably the most tumultuous length in its historical past. The social community has been below intense scrutiny for election interference, information misuse and being not able to police poisonous content material on its platform.

Fb additionally mentioned Friday it is shaking up its board. The corporate mentioned it may not renominate Netflix CEO Reed Hastings, and nominated Peggy Alford, PayPal’s senior vice chairman of core markets. If authorized on the corporate’s annual stockholders assembly in Would possibly, Alford will be the first African-American lady to serve on Fb’s board of administrators.

Now taking part in: Watch this: Would Fb get any higher if we fined Mark Zuckerberg…

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