{"id":430336,"date":"2022-04-11T22:30:24","date_gmt":"2022-04-11T19:30:24","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/mark-zuckerbergs-security-cost-meta-27m-in-2021\/"},"modified":"2022-04-11T22:30:24","modified_gmt":"2022-04-11T19:30:24","slug":"mark-zuckerbergs-security-cost-meta-27m-in-2021","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/mark-zuckerbergs-security-cost-meta-27m-in-2021\/","title":{"rendered":"#Mark Zuckerberg&#8217;s security cost Meta $27M in 2021"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2f38e197296\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2f38e197296\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/mark-zuckerbergs-security-cost-meta-27m-in-2021\/#%E2%80%9CMark_Zuckerbergs_security_cost_Meta_27M_in_2021%E2%80%9D\" >&#8220;Mark Zuckerberg&#8217;s security cost Meta $27M in 2021&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CMark_Zuckerbergs_security_cost_Meta_27M_in_2021%E2%80%9D\"><\/span>&#8220;Mark Zuckerberg&#8217;s security cost Meta $27M in 2021&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p><a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> parent Meta spent a fortune on efforts to keep its top boss Mark Zuckerberg and his family safe in 2021 \u2013 with security expenses that dwarfed those of other top executives in the tech sector.<\/p>\n<p>Meta earmarked nearly $27 million for what it described as an \u201coverall security program\u201d for Zuckerberg, the company <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/d18rn0p25nwr6d.cloudfront.net\/CIK-0001326801\/22a38320-0a0a-4f62-935d-41ab580273de.pdf\">disclosed in an SEC filing.<\/a> The total included nearly $15.2 million on \u201cpersonal security for Mr. Zuckerberg at his residences\u201d as well as during his personal <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">travel<\/a>.<\/p>\n<p>An additional $10 million came in the form of an \u201cannual pre-tax allowance\u201d meant for other security-related costs for Zuckerberg, his wife Priscilla Chan and their children. The remaining funds covered Zuckerberg\u2019s private air travel.<\/p>\n<p>In the filing, Meta said the security expenses were necessary because Zuckerberg faces specific threats \u201cas a result of the high-profile nature of being our founder, CEO, Chairman, and controlling shareholder.\u201d<\/p>\n<p>\u201cWe believe that Mr. Zuckerberg\u2019s role puts him in a unique position: he is synonymous with Meta and, as a result, negative sentiment regarding our company is directly associated with, and often transferred to, Mr. Zuckerberg,\u201d the filing said. <\/p>\n<p>\u201cMr. Zuckerberg is one of the most-recognized executives in the world, in large part as a result of the size of our user base and our continued exposure to global media, legislative, and regulatory attention.\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/zuckerberg-security.jpg?w=1024\" alt=\"Mark Zuckerberg runs with security guards\" class=\"wp-image-21859538\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/zuckerberg-security.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/zuckerberg-security.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/zuckerberg-security.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>The security costs comprise the bulk of Mark Zuckerberg\u2019s compensation from the company.<\/figcaption><figcaption><span class=\"credit\">picture alliance via Getty Image<\/span><\/figcaption><\/figure>\n<p>The security costs comprised the bulk of compensation for Zuckerberg, who takes a base salary of just $1 and doesn\u2019t receive any stock-based awards. Zuckerberg has an estimated fortune of nearly $78 billion, according to Forbes.<\/p>\n<p>Meta\u2019s security spending was even higher than the previous year, when the company spent roughly $23.4 million on his protection.<\/p>\n<p>While companies regularly spend significant sums on security and travel expenses for top bosses, Zuckerberg\u2019s protection spending is more extensive than most.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"1015\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/zuckerberg-family2.jpg?w=1024\" alt=\"Mark Zuckerberg and his family\" class=\"wp-image-21859535\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/zuckerberg-family2.jpg?quality=75&amp;strip=all&amp;w=1536 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/zuckerberg-family2.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/zuckerberg-family2.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Meta earmarked nearly $27 million for what it described as an \u201coverall security program\u201d for Mark Zuckerberg.<\/figcaption><figcaption><span class=\"credit\">Instagram\/@zuck<\/span><\/figcaption><\/figure>\n<p>For example, Amazon spent about $1.6 million on security and business travel for its founder and chairman Jeff Bezos last year. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/d18rn0p25nwr6d.cloudfront.net\/CIK-0000320193\/2351ff60-50fe-46e8-997b-335c2601226c.pdf\">Apple spent $630,630 toward security<\/a> for its CEO Tim Cook, as well as another $712,488 on his personal travel expenses.<\/p>\n<p>Meta has faced intense criticism in recent years over its business practices. The most recent backlash stemmed from the Congressional testimony of whistleblower Frances Haugen, a former employee who accused the company of prioritizing profits over the well-being of its users.<\/p>\n<p>Earlier this year, Meta\u2019s share price cratered after the company reported the first decline of its active user base in its history.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/04\/11\/mark-zuckerbergs-security-cost-meta-27m-in-2021\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Mark Zuckerberg&#8217;s security cost Meta $27M in 2021&#8221; Facebook parent Meta spent a fortune on efforts to keep its top boss Mark Zuckerberg and his family safe in 2021 \u2013 with security expenses that dwarfed those of other top executives in the tech sector. Meta earmarked nearly $27 million for what it described as an&#8230;<\/p>\n","protected":false},"author":1,"featured_media":430337,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/04\/zuckerberg-security-comp.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[122306,127847,11154,4974,5077],"class_list":["post-430336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-meta","tag-4-11-22","tag-ceos","tag-facebook","tag-mark-zuckerberg"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/430336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=430336"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/430336\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/430337"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=430336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=430336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=430336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}