Mark Zuckerberg's security costs increase after Facebook's infernal year



  • Mark Zuckerberg's security costs reached $ 20 million in 2018 after a disastrous year for Facebook, which has become a lightning rod for the techlash.
  • For comparison, Amazon and Uber spent $ 1.6 and $ 2 million respectively to protect their CEOs, Jeff Bezos and Dara Khosrowshahi, last year.
  • Facebook said "the negative sentiment with respect to our company is directly associated with" and often transferred to "Zuckerberg.
  • It follows a Business Insider survey, which revealed how Facebook's security force of 6,000 people discreetly protected Zuckerberg and the company's 80,000 employees.
  • Visit BusinessInsider.com for more stories.

The cost of security for Mark Zuckerberg is significantly increased after the tough year of Facebook.

In a report filed Friday by the Securities and Exchange Commission, the social network disclosed the total compensation of its CEO for the 12 months ended December 31, 2018.

Despite a salary of $ 1, Zuckerberg's salary more than doubled to $ 22.6 million last year, from $ 9.1 million in 2017. The main reason is Zuckerberg's security costs.

During a tumultuous year for his company, Zuckerberg had to make a tour of excuses for such disasters as the massive violation of Cambridge Analytica data, false information, and bad electoral interference. actors on his platform.

As such, Facebook has spent nearly $ 10 million for the personal protection of the billionaire, both at home and on his travels. That was up nearly $ 2.5 million from 2017 and nearly double what the company spent in 2016.

Read moreFears of car bombs and stolen prototypes: Facebook's efforts to protect its 80,000 workers around the world

In addition, the Zuckerberg Security Bill provided for a $ 10 million "pre-tax allowance" to "cover additional costs" related to the protection not only of the Director General but also of his family. Zuckerberg is married to Priscilla Chan and they have two children together.

Amazon has spent only $ 1.6 million for Jeff Bezos' security.
Alex Wong / Getty Images

By way of comparison, Amazon's CEO, Jeff Bezos, has only received $ 1.6 million for security reasons, according to a document filed this week. The remuneration of Uber CEO, Dara Khosrowshahi, included $ 2 million for protection, revealed the company's IPO file.

In the SEC's case, Facebook admitted that Zuckerberg was often a lightning rod for anger against Facebook. He is the face of society and when his 2 billion users feel aggrieved, Zuckerberg is targeted.

"He is synonymous with Facebook and, as a result, the negative sentiment towards our company is directly associated with Mr. Zuckerberg and he is often transferred to it," said Facebook.

In a statement sent to the Financial Times, the company added, "Mr. Zuckerberg is one of the most recognized leaders in the world, largely due to the size of our client base and our continued exposure to media, legislation and the world media and regulatory attention. "

A 24-hour guard, a bullet-proof glass and a permanent driver

In March, Rob Price of Business Insider released a survey of Facebook's security force of 6,000 people, which discreetly protects Zuckerberg and the company's 80,000 employees around the world.

It reveals how thousands of people are trying every week to access the Facebook headquarters in Menlo Park, especially to meet Zuckerberg. There is a lingering rumor that he also has a secret "panic chute" to be able to evacuate the building quickly, although the truth about it is unclear.

The survey conducted by Business Insider last March on the operation of Zuckerberg's security operation (the changes have been slightly modified):

"Armed officer protection officers are constantly on guard in front of his secure home in the Bay Area (at least one of which also has a panic room)." He goes to a bar, his team Bala in advance to make sure they will review any new doctors or trainers if he wishes to adopt a new hobby.

"During meetings with all members of society, members of Zuckerberg's Praetorian Guard are sitting in front of the room and are scattered in the crowd, just in case an employee tries to squeeze him. melt with employees who are not safe.

"Facebook's offices are built above the employees' car park, but it's impossible to park directly under Zuckerberg's office, because of the car bomb risks.

"He also has access to a large glass-walled conference room in the middle of the space near his office, which has bullet-proof windows and an alarm button."

Facebook COO Sheryl Sandberg.
Reuters

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


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