3 ms·
Assertions without cite[1; pp. 62 and 68] are less meaningful than Zuck's base salary. [1] https://www.sec.gov/Archives/edgar/data/1326801/000132680124000034/m
by metaphor 2y ago
Assertions without cite[1; pp. 62 and 68] are less meaningful than Zuck's base salary.
[1] https://www.sec.gov/Archives/edgar/data/1326801/000132680124000034/meta-20240418.htm#ic0db6cb901504821837be9b73eff207d_58 https://www.sec.gov/Archives/edgar/data/1326801/000132680124...
- jjeaff 2y agoHis base salary was $1. But his total compensation was around $23 million which includes his fringe benefits like personal security, private jet, health insurance, etc.
- water-your-self 2y agoAt the end of the day he still owns 13.5% of the company on paper. Any listed compensation was already ~1/8ths his.
- metaphor 2y agoThat's ~$24.4 million in explicit fringe benefits allocated by Meta's board; it's not like Zuck is willy-nilly exchanging family security allowance for Gucci bags. To the GP's original remark, Meta paid out a quarterly dividend of $0.50/share a few weeks ago[1]...I'm sure you can ballpark what Zuck's cut of that was. When you do, square that notional figure against the limited use total comp above and tell us why the latter even matters. [1] https://investor.fb.com/investor-news/press-release-details/2024/Meta-Reports-Fourth-Quarter-and-Full-Year-2023-Results-Initiates-Quarterly-Dividend/default.aspx https://investor.fb.com/investor-news/press-release-details/...