Facebook CEO Mark Zuckerberg's security costs in 2017: $7.3 million - Siyalla
Author: https://www.facebook.com/siyalla/
Description: Facebook spent more than $7 million protecting Mark Zuckerberg in 2017 as he trekked all over the United States. Facebook burned through $7.3 million on security for CEO Mark Zuckerberg in 2017. The cost was up half on the prior year, and came as he flew everywhere throughout the US set for visit each US State.
Date: 2018-04-14T16:19:32+00:00

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# Facebook CEO Mark Zuckerberg’s security costs in 2017: $7.3 million

Facebook CEO Mark Zuckerberg on his wonderful year of adventure in 2017. (Facebook)

### Facebook spent more than $7 million protecting Mark Zuckerberg in 2017 as he trekked all over the United States

- Facebook burned through $7.3 million on security for CEO Mark Zuckerberg in 2017.
- The cost was up half on the prior year, and came as he flew everywhere throughout the US set for visit each US State.
- In the interim, the informal community spent more than $1.5 million on private fly expenses for the 33-year-old executive.

Taking care of Mark Zuckerberg isn’t modest.

In 2017, Facebook spent a cool $7.3 million on individual security for its CEO, up very nearly half from the prior year.

The real knock came as Zuckerberg spent the total on 2017 set for visit each and every US state. The $7,326,640 that Facebook spent on Zuckerberg’s security throughout the year was up from $4,891,441 in 2016 and $4,256,004 in 2015.

His movement costs additionally took off, as you may expect: In 2017, Facebook spent more than $1.5 million on private stream costs for the 33-year-old official, up 75% on 2016’s $870,000 travel charge.

These figures, which offer a look into the broad expenses and coordinations required to help one of the innovation business’ most capable figures, were discharged on Friday as a major aspect of Facebook’s Proxy Statement documenting in front of its yearly investors meeting on May 31, 2018.

Zuckerberg was paid a base compensation of only a solitary dollar in 2017, versus the $805,000 paid to COO Sheryl Sandberg or $720,000 for boss item officer Chris Cox. Be that as it may, he’s not precisely short on money: Forbes figures his total assets at a little under $66 billion.

READ: Sheryl Sandberg admits Facebook knew about Cambridge Analytica

The cost of his own security and private flights are actually viewed as pay, which means his aggregate pay for 2017 is refered to as $8,852,366.

In the documenting, Facebook legitimizes Zuckerberg’s expensive security on the grounds of the “high perceivability of our organization,” and refers to “particular dangers to his wellbeing emerging specifically because of his position.”

> “We require these safety efforts for the organization’s advantage in light of the significance of Mr. Zuckerberg to Facebook, and we trust that the expenses of this general security program are proper and fundamental. We paid for the underlying acquirement, establishment, and support of safety efforts for Mr. Zuckerberg’s own homes, and we pay for the yearly expenses of security work force,”

the recording says.

In an announcement, a Facebook representative stated:

> “Facebook’s governing body trusts that this interest in Mark’s own security is totally advocated. He is fundamental to Facebook’s future achievement and as organizer and CEO of the organization has a high open profile.”

While we won’t know Zuckerberg’s full security costs for 2018 until the point when it records its next Proxy Statement in April 2019, it appears to probably be lower. Trekking everywhere throughout the US to examine manufacturing plants and bolster child dairy animals doesn’t come shoddy, yet his yearly test for 2018 is somewhat more moderate: Actually going to work and attempting to settle Facebook after its chain of outrages.

Original article by Rob Price

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