Financial Mirror (Cyprus)

Zuckurity: A costly business

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$15.2 million was spent by Meta Platforms on Mark Zuckerberg’s personal security in 2021, plus a pre-tax lump sum of $10 million for additional security costs incurred by the Facebook founder and his family, and $1.6 million for the use of private jets - for a combined total cost of $26.8 million.

A special security program for Zuckerberg’s safety at home and while traveling was establishe­d in 2013, according to SEC filings by his company.

Since then, a combined total of $127.5 million has been accrued. That would likely make the Meta boss the CEO with the world’s most expensive and elaborate security program.

German publicatio­n Spiegel has written an article on how this compares to other top tech managers. It states, with reference to Bloomberg, that Jeff Bezos’ security cost Amazon $1.6 million last year. Google CEO Sundar Pichai’s security costs were $4.3 million. The $630,630 needed to protect Apple boss Tim Cook is comparativ­ely modest. (Statista)*

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