Shocked with the cost of ensuring security for Mark Zuckerberg is no less than the head of state – spending 1.9 billion VND/day

According to company filings with the Securities and Exchange Commission (SEC), the annual pre-tax allowance that Meta boss receives to cover security costs increased from $10 million last year to $14 million this year.

The 40% increase was approved by the Meta board last week. The last time the company increased the amount to protect the Zuckerberg family was in 2018. The company decided to make the payout higher after considering “the position and importance of the founder and CEO to Meta”.

This money is used to pay for “personnel, equipment, additional services, residential improvements, or other security-related expenses.

Zuckerberg currently receives a nominal salary of $1 at Meta. As the founder and controlling stake in the company, his fortune is estimated at $64 billion, most of which comes from Meta shares.

In 2021, the social networking giant spent 26.8 million USD to protect owner Mark and his family, equivalent to about 620 billion VND (each day spending 1.7 billion VND). That includes $15.2 million for expenses related to protecting Zuckerberg at home and during personal travels. Another $10 million was given to Zuckerberg as a grant to ensure the security of his family. The remaining $ 1.6 million is to pay the cost of renting a private jet to meet Mark Zuckerberg’s personal travel needs.

With this year, the allowance increases to 14 million USD, plus more than 15 million USD for other expenses, this amount can be up to 29 million USD, equivalent to 680 billion VND (each day costs about 1.9 million USD). billions dong).

The increase in Zuckerberg’s safety allowance comes after the declaration that 2023 is the “effective year”. At the end of last year, the company implemented a policy of cutting costs, laid off more than 11,000 people and is expected to continue to lay off staff in the coming months.

Leaders of big companies are often protected because they and their families can often be followed by paparazzi and fanatical fanatics. Jeff Bezos, Marc Benioff, Larry Ellison, Elon Musk and leaders of big technology companies often receive millions of dollars in protection costs. However, this number is usually less than 10 million USD and Mark Zuckerberg becomes the biggest spender.

Reference:BI