Wednesday, November 6

Tag: Facebook expenditure

Facebook spends $22.6 million on Mark Zuckerberg’s security
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Facebook spends $22.6 million on Mark Zuckerberg’s security

Facebook Inc in a regulatory filing revealed that it spent $22.6 million on Chief Executive Officer Mark Zuckerberg's security in 2018. Nearly $20 million went toward security for Zuckerberg and his family, up from about $9 million the year prior. Zuckerberg also received $2.6 million for personal use of private jets, which the company said was part of his overall security program. Zuckerberg has drawn a base salary of $1 for the past three years, and his "other" compensation was listed at $22.6 million, most of which was for his personal security. Chief Operating Officer Sheryl Sandberg took home $23.7 million in 2018 compared to $25.2 million last year. Facebook has in the past few years faced public outcry over its role in Russia's alleged influence on the 2016 U.S. presid...