Mark Zuckerberg spent $700,000 on private jet trips. That’s just a reminder of how much Mark Zuckerberg is actually worth.
It’s not like Zuckerberg is jet-setting, though. The flights are private because the intent is to keep Zuckerberg, the CEO of a company whose service is used by nearly a billion people, safe from stalkers and other kinds of crazy people.
This includes trips with friends and family members that in other circumstances would be on regular commercial flights—it’s just that going private is the safer option, since security can control every aspect of the flight. SEC regulations require companies to disclose the value of these flights as if they were compensation.
Zuckerberg’s security costs seem low compared to other CEOs. Zynga CEO Mark Pincus, for example, has a security detail that costs more than $1 million. Jeff Bezos at Amazon also appears to have a security detail that costs more than $1 million, according to a filing with the Securities and Exchange Commission