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Facebook spent nearly $9M on private jets and security for Zuckerberg

Facebook spent nearly 37 times the typical worker’s salary on private security and private jets for Chief Executive Mark Zuckerberg’s security in 2017, the company said late Friday in a Security and Exchange Commission filing. Zuckerberg received $1 in compensation and received no stock, but the company said the company paid for his security at private residences, and during personal travel, which included the use of private aircraft. Facebook spent $7.3 million on private security and $1.5 million in 2017 on Zuckerberg’s use of private aircraft; the company spent $5.8 million on security for Zuckerberg in the year-earlier period. “Because of the high visibility of our company, our compensation & governance committee has auth ...