Facebook spent $20 million last year on Zuckerberg's personal security, up 4 times from 2016

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

As Facebook's scandals have increased so too has the amount of money the company spends to protect CEO Mark Zuckerberg.

Facebook on Friday announced that it allocated CEO Mark Zuckerberg $20 million for security purposes -- that's four times what he received for security in 2016.

However, that increase is nearly all attributable to higher security costs. The company said Zuckerberg received nearly $10 million in 2018 for his standard personal security, plus an additional pre-tax allowance of $10 million, new this year,"to cover additional costs related to Mr. Zuckerberg and his family's personal security."

Not all of the funds in Zuckerberg's security compensation are for security, the filing said. About $2.6 million of the $20 million were"for costs related to personal usage of private aircraft."

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

He could have spent a fraction of that money improving customers’ data security.

He ain’t worth $20.

Smart move on his part. When you own a significant part of the worlds most intimate and personal information then sell it to marketers for incredible profits. You should probably have a few a people watch your back.

Think he was the president

Don’t believe it, hopefully he’s not using it as a tax deduction

Robot Zuck looks so lifelike, doesn't it?

Talk about paranoia!

Do they carry pea shooters? I thought he was against guns.

It’s their money, not like taxpayers are footing it.

How is this even possible? Seriously, can we get an itemized accounting of the $20mil?

Bet you his security folks bear arms.

When you worth as much as Zuckerberg, 20 million seems about right!

Bet he is for gun control also.

Isn’t it time for Zuckerberg to return to Vulcan? Dude, could you look any less human?

so what's your problem there? I am sure didn't contribute one penny. Typical Liberal headline, always looking for chaos.

no bad at all Facebook

I’ll be honest and say that I really don’t care

People still use Facebook?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A year after Zuckerberg's testimony, advertisers are still addicted to FacebookFacebook's ad revenue share and user base keep growing in the U.S., and advertisers haven't found alternatives that give the same kind of bang for their buck. * nVidia Tesla K20 - Computational Finance Rated facebook
Source: CNBC - 🏆 12. / 72 Read more »

Facebook's Zuckerberg went before Congress a year ago — here's what has (and has not) changed sinceIn the year since Facebook CEO's testimony on Capitol Hill, the company has evolved its message and approach to privacy. His serial killer haircut has definitely not changed.... Censorship has not changed. I'm currently in FB jail for speaking the truth to power. I love Facebook to keep up with family only. If I want news I track it through twitter!
Source: CNBC - 🏆 12. / 72 Read more »

Facebook's Zuckerberg went before Congress a year ago — here's what has (and has not) changedIt's been a year since Mark Zuckerberg went before Congress, and social media platforms are still under fire for how they police hate speech and privacy. Here's what you need to know. I don't understand what's so bad in websites having your passwords in text? They still censor folks 30 days at a time with no explanation. Ask me how I know.
Source: CNBC - 🏆 12. / 72 Read more »

Marriott suffered a massive hack last year, but its CEO still made $13 millionThe chief executive of Marriott gave up some of his bonus pay last year after a hack exposed information about some 500 million guests. But he still made nearly $13 million. Why continue to watch these liars Wow!That's a lot of money.
Source: CNN - 🏆 4. / 95 Read more »

5 times Trump praised WikiLeaks during his 2016 election campaignAfter Assange was arrested and indicted on Thursday, Trump in the Oval Office said, 'I know nothing about WikiLeaks. It's not my thing.' But the president has repeatedly mentioned WikiLeaks in public, often expressing affinity for the organization. Trump mentioned stolen emails published by WikiLeaks at least 164 times in Oct. 2016 Coward. I can easily write Trumps script.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Rocket Lab building spacecraft to pair with its rockets, likely saving start-ups millions of dollarsThe private leader in building small rockets is evolving its business with a service that may well revolutionize how spacecraft are built, be it by start-ups or even the milit
Source: CNBC - 🏆 12. / 72 Read more »

Mark Zuckerberg says he wants more regulation for FacebookMark Zuckerberg has urged the world’s governments to regulate social networks Bullshit It's like the fox asking the farmer if he can set the rules for the henhouse. I hope he gets locked in the pen, and gets pecked to death.
Source: TheEconomist - 🏆 6. / 92 Read more »

US skyscrapers kill 600 million -- yes, million -- birds every yearAround 600 million birds die every year in the United States after striking tall buildings, according to new research At least the birds aren't getting cancer from the windmill sounds........... don’t text while flying dummies Barn birds!
Source: CNN - 🏆 4. / 95 Read more »

Bank of America is hiking its minimum wage to $20 an hourBank of America is hiking its minimum wage. Employees at the bank will make an hourly wage of at least $17 starting May 1, and $20 within two years. Kunoda kuendwa shuwa aaagh😂
Source: BusinessInsider - 🏆 729. / 51 Read more »