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So I just saw Meta's SEC filing for 2024 and honestly, Mark Zuckerberg's compensation structure is pretty wild. Dude took a $1 salary - literally one dollar. But his total compensation still hit $27.22 million. How? Security costs. Like, the vast majority of that $27.22 million went to personal security at his residences, private aircraft usage, and travel protection. That's the real number.
Compare that to 2023 when he got $24.4 million total, and you can see the security bill went up. Also interesting - the CEO-to-median employee pay ratio at Meta is 65:1 for 2024. So while Zuckerberg's official salary is basically nothing, the company's spending on his security and lifestyle is what pushes his comp package so high.
Oh, and he pledged 12 million Class B shares as collateral for debt - that's about 3.5% of what he owns. Wild how these mega-wealthy founders structure their compensation, right? The $1 salary is more of a PR move than anything else.