How much does Meta CEO Mark Zuckerberg earn and spend on security?

Meta founder and CEO Mark Zuckerberg made headlines once again as it was revealed in a new filing with the Securities and Exchange Commission that he only took a $1 salary in 2023. However, what caught the attention of many was the additional $24.4 million he received in “other compensation.”

Despite being the lowest-paid employee on paper at Meta, Zuckerberg’s total compensation was down around $3 million from the previous year, totaling $27,110,417. The filing stated that much of the “other compensation” was used towards security costs for Zuckerberg, including security at his residences, during personal travel, and costs of private aircraft for personal travel.

The filing also highlighted the unique position Zuckerberg holds within the company, being synonymous with Meta and often bearing the brunt of negative sentiment towards the company. With his role as one of the most recognized executives globally, the filing emphasized the importance of the security program in place for Zuckerberg.

Zuckerberg has been receiving a $1 salary since 2013, leading to a hypothetical total of just $11 in salary over the past 10 years. With Meta’s annual shareholder meeting approaching on May 2, the news of Zuckerberg’s compensation comes at a crucial time for the company.

As of Thursday morning, Zuckerberg’s estimated net worth stood at $175 billion, while Meta experienced a 12.31% decrease in a 24-hour period. Despite the fluctuations, Zuckerberg’s compensation and net worth continue to draw attention and spark discussions within the tech industry and beyond.