Facebook spent $24 million in 2020 keeping its billionaire CEO Mark Zuckerberg and his family secure at home and when travelling. Pictured: Zuckerberg and wife Priscilla Chan
Facebook spent $24 million on keeping its billionaire CEO Mark Zuckerberg secure at home and when travelling in 2020, according to a financial filing from the tech giant.
The huge cost comes due to identified specific threats faced by the company s co-founder, necessary due to his unique position as one of the most recognised executives in the world, according to the proxy statement filed on Friday.
Facebook spent $3 million more on protecting Mr Zuckerberg than in 2019, with the increase in costs blamed on the pandemic, the 2020 US elections, and the rising cost of personal bodyguards.