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Here's How Much Tech Giants Spend On Personal Security For Their CEOs & The Numbers Are Jaw-Dropping


Apple recently filed its annual proxy statement with the U.S. Securities and Exchange Commission (SEC) for 2018 and the documents give us a full-disclosure for the Cupertino giant's finances. It includes everything from expenditures, compensations and everything else. 

How Much Tech Companies Spend To Protect Its Executives© YouTube

The document also detailed expenses such as personal security for Apple CEO Tim Cook. These expenses are included in the “other compensation,” category and a new report by Wired reveals Cook's personal security cost. Apart from a Tim Cook, the report also revealed figures for other CEOs that need protection and its subsequent costs. Apple spent an estimated $310,000 in 2018 which seems quite a lot but is nothing compared to what other companies are spending. 

Wired provided further details via an info-graph that cites similar SEC filings by companies like Google, Facebook, Amazon, Intel and others. These numbers will shock you as Apple spent the least when compared to these tech giants. Alphabet, Google's parent company spent more than double than that of Apple's. Google spent $637,538 to protect its current CEO Sundar Pichai. 

How Much Tech Companies Spend To Protect Its Executives© Reddit

Amazon spent a whopping $1.6 million to protect Jeff Bezos and Larry Ellison however you won't guess what tops the list. Facebook spent $7.3 million to protect Mark Zuckerberg, in addition to around $2.7 million protecting its Chief Financial Officer, Sheryl Sandberg. This was probably because all the negative publicity both Zuckerberg and Sandberg have received in the recent past.

How Much Tech Companies Spend To Protect Its Executives© BCCL

Of course, we can't be entirely sure if the negative publicity was the sole reason for the Social media giant to spend so much more than its counterparts on personal security. It could be possible that Facebook spends, even more, to protect Zuckerberg as one leading industry consultant says that “Zuckerberg's personal security detail is expected to surpass $10 million this year.”

If you want to know how much other companies like Intel, Oracle; you can check out WIRED'S full report to know more. 

Source: WIRED

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