Meta CEO Mark Zuckerberg and Tesla CEO Elon Musk are well protected,even if it costs their companies millions.
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00:00Tech companies are paying millions to keep their CEOs safe,
00:03including hiring bodyguards and installing home monitoring services.
00:07Last year, Meta spent $23.4 million in personal security for Mark Zuckerberg,
00:13including $9.4 million in direct security costs and another $14 million in annual pre-tax allowance
00:21meant to cover additional costs related to Mr. Zuckerberg and his family's personal security.
00:26As for Tesla, they paid $2.4 million in 2023 to a security company owned by Musk for security
00:33services. And they added on another $500,000 through February of this year, according to
00:39an SEC filing. NVIDIA spent $2.2 million on residential security and consultation fees
00:45for Jensen Wang. And Apple spent $820,309 for expenses related to Tim Cook's security,
00:52not including the $1.6 million it paid for his private jet use.