Facebookhas approved a $10million allowance to beef up Mark Zuckerberg’s family security.

The million-dollar pre-tax allowance is a jump from last year’s $7.3million allocated for home security, body guards, and private air travel the biggest sum ever for a Fortune 100 company CEO according to research firm.

The allowance, which was announced in a Securities and Exchange Commission filing on Thursday, was boosted 'to address safety concerns due to specific threats'.




http://www.dailymail.co.uk/news/article-5997721/Facebook-approves-10million-allowance-Zuckerbergs-security.html

'This allowance will be in addition to the continued funding of Mr. Zuckerberg's overall security program to cover the costs of security personnel for his protection; the procurement, installation, and maintenance of certain required security measures for his residences; and the usage of private aircraft for personal travel,' Facebook wrote in a filing.

Facebook will pay Zuckerberg the pricey allowance for him to allocate accordingly for security, residential improvements, and equipment.

The company added it considered Zuckerberg's 'position and importance to Facebook' in establishing the allowance, as well as his salary, which was just $1 last year.

The $10million amount is the most Facebook has allocated for Zuckerberg's security. In 2015 his security cost $4,256,004.


'The Committee believes that this allowance, together with the costs of Mr. Zuckerberg's existing overall security program, are appropriate and necessary under the circumstances,' the filing from Thursday said.

The allowance was announced the same day Facebook's stock market value plunged 19 per cent, wiping $119billion off the company's value and docking $12billion off Zuckerberg's personal fortune in less than 24 hours.



Pictured running in Berlin surrounded by guards

Mark ma guy!
All that security for just one person?!
He's worth it.
But we wondered why he wasn't with securities details(atleast like these) when he was strolling on the street of Yaba and when he was jugging on the bridge in Naija sometimes ago!

Ewo. Pre tax?

That's a tax evasion technique. No be today

The guy dey fear

Maybe he needs it. With all this ISIS threat

Greater than the defense budget of Sao Tome & Principe.

He being secured is welcomed there is too much envy and wickedness in the world today.

That's a drop in the bucket compared to Facebook's total networth

heh

1$ salary, $10m security, haba, who talk sey registered business no good

Money Sweet




See my signature

From his money!!!!!

post=69739819:
Mark ma guy!
All that security for just one person?!
He's worth it.
But we wondered why he wasn't with securities details(atleast like these) when he was strolling on the street of Yaba and when he was jugging on the bridge in Naija sometimes ago!

I heard his security details wore invisibility cloaks

Dailymail
Anything for the news

G boys be like Zuckerberg Lavish

Ein don de wear suit, i thought na t shirt na.

He's simple, he drives an Acura, he only has two tee shirt.

Last Last, see his simplicity

Where are those that said he was walking in the street of Lagos without security?
Every kiosk in the street where he visited in Lagos was mounted by special security guards

If Facebook approves money for Zuckerberg security welfear, does that mean Zuckerberg is approves money to Zuckerberg?

He need it.. badly.. with the threatening of IsiS....

Chaiii

OP where is the $3.6b

Lol

simple my as.s

englishmart:
funny. Which one is Facebook, and who is Zuckerberg? Did they have a choice?
They should have just told us that Zuckerberg budgets $10m annually for his security..

It's just like saying "Abrahimovic applies for $2m loan from Chelsea..

There is a big difference.

Facebook is a publicly traded company. Abrahimovich owns Chelsea.

This means that Zuckerberg has other co-owners to worry about, as he owes them a fiduciary duty to act in their best interests whereas Abrahimovic has only himself to think about.

Donald Trump team exploited facebook to get voters demography data. And Trump won.

Globalists and Illuminatis are angry with Mark.

His shares crashing like popcorn now.

This guy will suffer.