Facebook spends $22.6 million to keep Mark Zuckerberg safe

Last Updated: Apr 13 2019 16:27
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A regulatory filing on Friday showed that Facebook Inc more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg's security in 2018 to $22.6 million.

Zuckerberg has drawn a base salary of $1 for the past three years, and his “other” compensation was listed at $22.6 million, most of which was for his personal security.

Nearly $20 million went towards security for Zuckerberg and his family, up from about $9 million the year prior.

Zuckerberg also received $2.6 million for personal use of private jets, which the company said was part of his overall security programme.

Chief Operating Officer Sheryl Sandberg took home $23.7 million in 2018 compared to $25.2 million last year.

Separately, Facebook said Netflix Chief Executive Officer Reed Hastings would vacate his seat on the social media company’s board and not be nominated for re-election.