The cost to protect high-profile tech execs is spiraling even as lockdowns have grounded travel to a halt. A new analysis of the security expenses racked up by Silicon Valley giants shows they collectively spent $46 million to safeguard their top brass last year. Of that figure, $23.4 million alone was spent on Facebook chief Mark Zuckerberg’s personal security, up from $20.4 million in 2019, according to the report by Protocol.
The company attributed the increase to new COVID-19 protocols and additional protection during the election. Included in the figure was a pre-tax allowance of $10 million and an additional $13.4 million for the Facebook founder’s personal security. As a result, Zuckerberg far eclipsed others on the list including the world’s richest person, Jeff Bezos, who paid $1.6 million in personal security costs. Signalling just how cautious Facebook is, the company’s COO Sheryl Sandberg was in second place with security worth $7.6 million in 2020.
At Ranger Security we implement the latest point access control devices with our trained guards to recognize and respond accordingly to circumvent obscure problems before they happen in the work place.