3 ms·
A small tidbit. FB paid Zuck $783,529 (3) in "other" compensation from his base 500k salary. (3) The fine print.... The amount reported represent approximately
by lyime 15y ago
A small tidbit. FB paid Zuck $783,529 (3) in "other" compensation from his base 500k salary.
(3) The fine print.... The amount reported represent approximately $692,679 for costs related to personal use of aircraft chartered in connection with his comprehensive security program and on which family and friends flew during 2011.
Like a boss.
- sriramk 15y agoFor someone worth close to $30b, compromising on things like flying and security seems silly. Amazed they aren't spending more.
- phillmv 15y agoEeeeeh, I think it's one of those executive privilege things. 1) If he's already flying domestically and first class, that shaves what? An hour? Please. 2) The company doesn't have to charter a jet to fly friends and family. So… let's just call it for the luxury that it is. They're not strapped for cash, after all. (Besides, just how liquid is Mark Zuckerberg? He's only a billionaire on paper, right?)
- hga 15y agoIndeed. One should also remember that in the infinite wisdom of the Congress and whoever was President at the time, any cash salary over $1 million gets an extra tax on top of normal income taxes. Better to pay for his security in before tax dollars.