Monday, May 2, 2016

How much Facebook spends on Mark Zuckerberg's security?

Facebook has spent more than $16 million protecting Mark Zuckerberg and his family in just five years after ‘specific threats’ to the 31-year-old.
The firm disclosed the staggering amount spent on security for Zuckerberg – the fourth richest person in the world – in a regulatory filing on Wednesday.
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It reveals that, in 2015, $5 million was invested in bodyguards and other protective services to ensure the safety of its founder and CEO.
The substantial sum is in fact a mark down from the $6.2 million spent on his security in 2014.The year before, he had $3.3 million-worth of security.
Millions have also been spent on private travel, as well installing alarms in his $10 million home in San Francisco’s well-heeled Mission District.
Sheryl Sandberg, Facebook’s chief operating officer, also received an above-average security package: the firm issued $1.2 million worth of security measures to protect her last year.
In contrast, Apple spent just $209,000 on CEO Tim Cook’s security last year.
Oracle CEO Larry Ellison was portioned $1.5 million to secure his home in 2015.
Amazon spent $1.6 million on Jeff Bezos’s security in 2015.
Zuckerberg, who is worth $35.7 billion, has 16 bodyguards working on rotation to protect him, his wife Priscilla, and their daughter Maxima.
Though he famously earns a $1-a-year salary, he owns nearly 422 million shares of Facebook stock, which rakes in his millions.
His security entourage has enraged his neighbors, who wrote an open letter in January slamming his guards for taking up space in the residential street.

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