You are here: Home » Reuters » News
Business Standard

Facebook CEO's compensation jumps to $8.9 million as security costs soar


By Munsif Vengattil and David Ingram(Reuters) - Facebook Inc Chief Executive Mark Zuckerberg's compensation rose 53.5 percent to $8.9 million in 2017, a regulatory filing showed ( on Friday, largely due to higher costs related to the 33-year old billionaire's personal security.About 83 percent of the compensation represented security-related expenses, while most of the rest were tied to Zuckerberg's personal usage of private aircraft.Zuckerberg spent much of last year travelling after he pledged ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Sat, April 14 2018. 04:41 IST