Meta Spends $27M on Zuckerberg’s Security, Outpacing Tech Giants
Business 5 days ago
Meta’s security budget for CEO Mark Zuckerberg reached $27 million in 2024, far exceeding protections for other tech leaders like Apple’s Tim Cook ($1.4M) and Nvidia’s Jensen Huang ($3.5M). The spending covers residences, family, and travel, as Zuckerberg remains a polarizing figure due to Meta’s influence and controversies.
Silicon Valley firms rely on elite private security teams, including former FBI and military personnel, to mitigate risks like kidnappings and cyber threats. Companies like Palantir and Tesla also increased budgets after high-profile incidents, such as the assassination of UnitedHealthcare’s CEO.
Experts note Zuckerberg’s unique exposure as Meta’s face, with layoffs and privacy debates fueling public scrutiny. Despite criticism, Meta defends the spending as essential for safety in an increasingly volatile environment for tech executives.