The money Mark Zuckerberg spends to protect himself: a bill of millions

Date: March 17, 2023 Time: 10:52:53

Personal safety is important and one of the issues that tends to worry the population the most. It is true that some public figures need a higher level of protection than ordinary neighbors due to their notoriety and their fortunes, but it is also true that some of these businessmen or celebrities tend to become paranoid or, ex as in miaminimo private security.

mark zuckerberg apply taxes, will increase to 14 million euros.

Meta, the parent company of Facebook and Instagram, has published a transparency document with the accounts and budgets planned for this year. The company has thus raised Zuckerberg’s personal security spending at four million euros, pre-tax. Other security expenses that the company will accrue on behalf of Zuckerberg are not included in this budget line, so this amount could suddenly increase at the end of the year. For example, in the past 2021, the CEO of Meta ended up spending more than 26.8 million dollars in expenses related to his personal security and that of his family.

A budget in the opposite direction to Meta policy

These expenses contrast sharply, on the one hand, with the economic line that the social networking company is going to follow throughout this year. According to Zuckerberg himself, 2023 is going to be the year of economic efficiency in the sense of optimizing income compared to expenses, something that will mean budget cuts in different sectors of the company. For example, you want to eliminate the middle managers of the company. However, your personal security money goes in the opposite direction and increases.

On the other hand, this expense in personal security that Esta dedicates has been part of the reason why the creator of Facebook has had to give explanations regarding this exorbitant expense.

We don’t know if Zuckerberg really needs this millionaire spending on personal security or if this CEO’s peace of mind comes from this type of budget. Of course, to clarify the economic reality of the businessman, Meta has reported that for his functions as executive director alone (as if that were not enough) he receives, as a salary, one million dollars a year.

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