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Facebook Spent $8.9mn On Security, Private Plane For Mark Zuckerberg?

Written By Krishna Makwana | Mumbai | Published:

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  • Social media giant spent $8.9 million for his personal security and use of private jets?

Curiosity mongers, did you know? Mark Zuckerberg has a salary of $1mn! Well, his company just ended up spending $8.9 million for his personal security and use of private jets, apparent filings have revealed. Reportedly, the figure includes $7.5 million for Zuckerberg’s security at residences during travel + $1.5 million cost for usage of aircraft. Note: His security expenses stood at $4.9 million in 2016. Chief Executive Mark Zuckerberg’s compensation recently rose by an alleged 53.5 percent to $8.9 million in 2017.

“Menlo Park, California-based Facebook paid to buy, install and maintain security measures for Zuckerberg’s personal residences, which include properties in San Francisco and Palo Alto, the filing showed,” notes an online report.

The Facebook board’s compensation committee authorized Zuckerberg’s security program, the filing said, “to address safety concerns due to specific threats to his safety arising directly as a result of his position as our founder, Chairman, and CEO,” it reports.

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