The Meta Group is investing more and more every year to ensure Mark Zuckerberg's safety. Meta CEO Mark Zuckerberg has spent nearly $27 million on his private jet security and travel. And that's in 2021 alone, according to the company's most recent SEC filing. This is a kind of annual statement for the US Securities and Exchange Commission (SEC).
In 2020 it was $25 million and a year earlier it was $ 23 million.
Bodyguard And Bulletproof Glass
Details of the safety precautions are not mentioned in the file. In any case, according to a Business Insider report from 2019, Zuckerberg should have a bodyguard available around the clock. An office with bulletproof glass and a panic button was also set up for him.
According to media reports, spending on Zuckerberg's security doubled in the wake of the Cambridge Analytica scandal in 2018. In 2021, the company spent over$15.1 a million on Zuckerberg's security. Additionally, there was a $10 million pre-tax grant for the safety of Zuckerberg and his family.
Travel Expenses Slightly Reduced
That leaves $1.6 million for private jet travel. Compared to 2020 and 2019, these expenses have decreased slightly. In 2020, Meta had spent $1.8 million on it and even $2.9 million the year before.
The billionaire CEO Mark Zuckerberg has spent much more money on his security and traveling than any other tech CEO. In the past three years alone the total amount spent on security and traveling exceeds $70 million. According to Yahoo finance, Zuckerberg might not be the only billionaire who spent a crazy amount on security and travel. Jeff Bezos and Elon Musk don't publically disclose their security and traveling costs and we cannot correctly compare them with Zuckerberg.