Being wealthy and well-known comes with perks comparable to non-public jets, luxurious properties and costly holidays. However there’s one other aspect to being within the highlight that many individuals do not take into consideration – the necessity for fixed safety. And if you’re one of many world’s most well-known billionaires, that safety can come at an eye-popping value.
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Concerning retaining billionaires protected, one title stands above the remainder: Mark Zuckerberg. Fortune reported that in 2023, Meta (NASDAQ:META) spent $23.4 million to maintain its CEO and founder protected. To place that in perspective, that is virtually 10 occasions greater than what Tesla (NASDAQ:TSLA) paid to guard Elon Musk throughout the identical yr. For those who thought Musk’s high-profile way of life got here with an enormous safety invoice, Zuckerberg’s prices are on an entire completely different stage.
Of the $23.4 million, $9.4 million was spent straight on safety providers for Zuckerberg and one other $14 million was paid as an annual allowance to cowl different security-related prices for him and his household. The corporate pays for every little thing from round the clock bodyguards to superior residence monitoring methods. Meta claims that for the reason that CEO is so carefully related to the corporate, retaining him safe is essential as a result of if something have been to occur to Zuckerberg, it might straight impression Meta’s fame and enterprise.
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As compared, Elon Musk’s safety bills appear modest. Tesla reportedly spent round $2.4 million in 2023 to maintain Musk protected, plus a further $500,000 for early 2024. That is nonetheless some huge cash, however nowhere close to Zuckerberg’s stage. Musk’s controversial opinions and behavior of being within the public eye definitely put a goal on his again, however even he would not require the sort of protecting element that Zuckerberg does.