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Mark Zuckerberg's security cost rocket after Facebook's hell year



  • Mark Zuckerberg's security costs hit $ 20 million in 2018 after a disastrous year for Facebook, where it became a techlash lightning rod.
  • By comparison, Amazon and Uber used $ 1.6 million and $ 2 million respectively to protect their CEOs, Jeff Bezos and Dara Khosrowshahi, last year.
  • Facebook said "negative feelings about our company are directly linked to and often transferred to" Zuckerberg.
  • It follows a Business Insider survey, which revealed how Facebook is 6,000-person security guard quietly protects Zuckerberg and its 80,000 employees.
  • Visit BusinessInsider.com for more stories.

The cost of keeping Mark Zuckerberg safe, became much more expensive after Facebook's years from hell.

On a Friday's Securities and Exchange Commission filing, the social network revealed its CEO's total compensation package for the 1

2 months ended December 31, 2018.

Despite just signing a $ 1 salary , Zuckerberg's pay more than doubled to $ 22.6 million last year, up from $ 9.1 million in 2017. The main reason for this: Zuckerberg's security costs.

In a tough year for his company, where Zuckerberg had to carry out a catastrophe for disasters, including the extensive information from Cambridge Analytica, fake news and election interference by bad actors on the platform.

As such, Facebook spent nearly $ 10 million on personal protection for the billionaire, both at home and on the journey. This was up to nearly $ 2.5 million in 2017 and nearly doubled what the company spent in 2016.

Read more : Carbombe Fear and Stolen Prototypes: Inside the Facebook Work for Protecting Their 80,000 Workers Around the World

In addition, Zuckerberg's security bill included a $ 10 million "pre-tax" quota to cover additional costs associated with not only keeping the CEO safe but also his family. Zuckerberg is married to Priscilla Chan and they have two children together. [19659000]

Amazon spent just 1.6 million dollars on Jeff Bezos security.
Alex Wong / Getty Images

By comparison, Amazon CEO Jeff Bezos was paid only $ 1.6 million for security reasons, according to a submission this week. Uber CEO Dara Khosrowshahi compensation included $ 2 million for protection, the company's IPO filing revealed.

In the SEC filing, Facebook admitted that Zuckerberg is often a lightning rod for anger on Facebook. He is the face of the company, and when the 2 billion users feel weathered, Zuckerberg is targeted.

"He is synonymous with Facebook, and as a result, negative feelings about our company are directly linked to, and often transferred to, Mr. Zuckerberg," Facebook said.

In a statement sent to the Financial Times, the company added: "Mr Zuckerberg is one of the most recognized leaders in the world, mainly as a result of the size of our user base and our continued exposure to global media, regulatory and legal attention."

An insolvency Rob Purs published in March a survey on Facebook's 6,000-person security work that clearly protects Zuckerberg and its 80,000 employees worldwide.

It shows how thousands of people try to access Facebook's Menlo Park headquarters every week to meet Zuckerberg among other things. It's a persistent rumor he also has a secret "panic kill" so he can quickly evacuate the building, even though the truth of this is unclear.

Here's some insight into how Zuckerberg's security operation works from Business Insider's March survey (it has been edited easily for clarity):

"Armed executive-protection officers are constantly on guard outside his gated home in Bay Area at least one of them also has a panic room.) If he goes to a bar, his team will sweep through ahead to make sure it is safe, they will grow some new doctors or coaches if he wants to take up a new hobby He's driven everywhere.

"During company meetings with all hands, members of Zuckerberg's preaching guard sit on the front of the room and are dotted throughout the crowd, only if an employee tries to hurry. They wear civilian clothes to interfere with non-security workers.

"Facebook's offices are built over a car park for employees, but it is impossible to park directly under Zuckerberg's desk, due to concerns about the risk of car bombs.

" He also has access to a large glass-walled conference room in the middle of the square. near his desk, which has cold-resistant windows and a panic button. " Reuters [19659000]

Reuters

Elsewhere in the Facebook SEC filing it was revealed that Sheryl Sandberg's security costs also increased marginally from $ 2.7 million in 2017 to $ 2.9 million last year. Facebook also spent nearly $ 1 million on a private plane for its chief operator.


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