How technology giants protect their CEOs: Spending millions of dollars for bodyguards, installing bulletproof systems and designing private emergency exits

Among the CEOs of leading technology corporations, Mark Zuckerberg is the most closely guarded with security costs of up to $ 20 million.

Silicon Valley is home to the richest tech billionaires in the world and their company has spent millions of dollars to ensure their personal safety. Some of the most common measures are hiring armed guards, installing bulletproof panels for offices or even buying private aircraft.

Here is the cost of protecting the CEO of the leading technology giants:

Jack Dorsey: 68,500 USD

According to the file submitted to the US Securities and Exchange Commission (SEC), Twitter said the company spent $ 68,506 to protect Jack Dorsey – co-founder and CEO of this social network. In addition to the money, Dorsey rejected all other payments from Twitter and received a salary of only US $ 1.4 in 2018.

Eric Schmidt: 296,353 USD

Last year, Eric Schmidt resigned as president of Google. In the previous year, the company spent nearly $ 300,000 to ensure his safety. According to Forbes estimates, Schmidt currently owns assets of $ 13.2 billion.

Tim Cook: 310,000 USD

According to a statement submitted to the SEC earlier this year, 2018 Apple spent $ 310,000 to protect its CEO. Considering Silicon Valley standards, this is a modest number, especially when Apple is frequently among the world’s most valuable companies.

Sundar Pichai: 1.2 million USD

Google spent $ 1.2 million last year to protect Sundar Pichai, nearly double the amount of $ 680,000 in 2017. This sudden increase occurred after a shootout at YouTube’s headquarters caused three people. killed. After the attack, many large technology companies claim that they will enhance security in general.

Jeff Bezos: 1.6 million USD

While being the richest person in the world, the cost of Jeff Bezos protection is not the largest (according to publicly available data). According to Forbes, the cost of securing Jeff hasn’t changed since 2012, though his assets have increased by nearly $ 113 billion. Late last year, the co-founder of Amazon installed bulletproof panels in his office and a spokesperson said Jeff had paid for himself.

Earlier this year, after Jeff’s sensitive message to leaked lover Lauren Sanchez, he hired personal security director Gavin de Becker to investigate the source of the incident.

Larry Ellison: 1.6 million USD

Software company Oracle spends about $ 1.6 million a year to protect its co-founder and chief technology officer, Larry Ellison, including safety measures at his home in California.

Dara Khosrowshahi: 2 million USD

According to Uber’s recent IPO file, CEO Dara Khosrowshahi’s grant includes $ 2 million in security costs, close to his bonus.

Sheryl Sandberg: $ 2.9 million

The cost of protecting Facebook’s director of operations in 2018 increased by 200,000 USD including 1 million USD to travel by private plane.

Mark Zuckerberg: 20 million USD

Mark Zuckerberg’s protection costs skyrocketed after a series of Facebook scandals in 2018. Last year, the company spent $ 10 million to secure Zuckerberg, up $ 2.5 million from the previous year. In addition, he received a $ 10 million pre-tax subsidy for the purpose of ensuring security for himself and his family.

In the SEC filing, Facebook said the public’s negative reactions to them were one of the reasons for the high security costs for 34-year-old CEOs. According to some sources, Zuckerberg is backed by 24/7 armed guards. Not only that, but it is also reported that the Facebook boss has an emergency exit underneath his office.

Elon Musk: Unknown

To date, it is unclear how much Tesla’s security costs are for the company and the company also declined to comment on the issue.

Source : cafebiz