A regulatory filing showed that Facebook Inc spent $22.6 million in 2018 to provide security to Mark Zuckerberg. At this point, it is interesting to note that Zuckerberg takes a base salary of $1. This has been the norm for the last three years.
However, the other compensations include $22.6 million, especially used for the CEO’s security purpose.The previous year, 2018, saw the usage of nearly $20 million to provide safety for the CEO. Additionally, $2.6 million was used for travel by private jets.
The other important staff including Chief Operating Officer Sheryl Sandberg took home $23.7 million in 2018 compared to $25.2 million last year.
Brief on Facebook
Facebook, Inc. is an American online social media and social networking service company. It is based in Menlo Park, California. It was founded by Mark Zuckerberg, along with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes