According to a Securities and Exchange Commission entering liberated Friday, the CEO was paid $10 million in 2018 through a pre-tax adjustment “to cover additional costs related to his and his family’s personal security.”
That includes “personnel, paraphernalium, services, suburban improvements” and other costs, the filing stated.
In addition, roughly $2.6 million went toward Zuckerberg’s private aircraft employ, which the company considers as one of the purposes of his security.
Increased shields for the executive heads propagandized his total defence compensation from $9.1 million in 2017 to virtually $22.6 million in 2018.
Though Zuckerberg famously receives a salary of simply$ 1, despite being worth more than $62 billion per Forbes’ billionaires register, the reason for the jump in his salary appears to have been a resentment against him.
“We said he believed that Mr. Zuckerberg’s role applies him in a unique arrangement: he is synonymous with Facebook and, as a result, negative sensibility regarding our firm is directly associated with, and often transferred to, Mr. Zuckerberg, ” the filing said. “Mr. Zuckerberg is one of the most-recognized managers in the world, in big constituent as a result of the size of our user cornerstone and our continued revelation to world-wide media, parliamentary, and regulatory attention.”
COO Sheryl Sandberg, who gave a base salary of $850,000 last year, too received additional funding for security, albeit a far better meagre sum of $1.1 million.
2018 commemorated a bumpy time for the social media scaffold as it became entangled in controversy over its admission that up to 87 million of its users may have had their history datum improperly shared with data conglomerate Cambridge Analytica, which may have used it to influence voters in the 2016 election.
As a result of the scandal, Zuckerberg was called to testify before Congress in a contentious hearing concerning Facebook’s handling of user privacy.
But that wasn’t all. Democratic members of the House Intelligence Committee also took aim at Facebook when they clanged the alarm on millions of Russian-financed ads on the programme that raced from 2015 to 2017. Some of the ads were affixed during the election.
Facebook has also faced investigation for giving notorious scheme theorist Alex Jones to use the place, lastly banning his material last-place time after he continued to spread fallacious and repugnant uprights. Nonetheless, the move prompted rage from republicans, who indicated Jones was unfairly silenced.
Zuckerberg’s difficulties aren’t over yet, as crucial questions remain in 2019 about how aimed at improving the algorithms that move his programme and how to deal with the threats of extreme violence and white patriotism.