Meta Spent $27.1 Million on 'Other Compensation' for Mark Zuckerberg in 2022 Including Security Costs and Private Plane While the Meta CEO is paid a humble annual salary of $1, his security costs have racked up quite a tab.

By Madeline Garfinkle

Opinions expressed by Entrepreneur contributors are their own.

Bloomberg | Getty Images

Despite a humble CEO salary of $1, Meta CEO Mark Zuckerberg racked up quite a tab in security costs for 2022.

According to Meta's proxy statement filed to the Securities and Exchange Commission on Friday, Meta paid $27.1 million in 2022 for what the company refers to as "all other compensation" — a variety of costs related to Zuckerberg's security expenses. This includes nearly $2.3 million for costs related to the use of his private jet last year.

"The costs of Mr. Zuckerberg's security program vary from year to year depending on requisite security measures, his travel schedule, and other factors," the company wrote in the filing. "The compensation, nominating & governance committee believes that these costs are appropriate and necessary in light of the threat landscape."

Related: What to Watch - The Most Inspiring Shows for Entrepreneurs

The massive security spend doesn't come as a surprise considering Meta announced in a February SEC filing that it would be increasing Zuckerberg's pre-tax security allowance from $10 million to $14 million. In both the February and April SEC filings, Meta references the importance to the company as well as his request to "only receive $1" in compensation as contributing factors to approving the security budget.

"Maintaining Mark's safety while enabling him to go about his life with minimal disruption requires comprehensive and sophisticated resources," Meta representative Elana Widman told Entrepreneur. "Given the important role Mark plays at Meta, we have security measures in place for him that are in the best interest of the company."

The generous security budget comes amid Meta's "year of efficiency" — as Zuckerberg called it — an initiative kicked off in Q1 that pledged to make the company "stronger" and "more profitable" in 2023. Just a month after the statement, Meta announced nearly 10,000 expected layoffs over the coming months.

Related: Meta Employees Interrogate Mark Zuckerberg in Town Hall Meeting

Correction, April 20:

The original version of this story misstated Mark Zuckerberg's annual salary as $1M, instead of $1. We regret the error.

Madeline Garfinkle

News Writer

Madeline Garfinkle is a News Writer at Entrepreneur.com. She is a graduate from Syracuse University, and received an MFA from Columbia University. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

'More Soul-Crushing Than Ever': Popular Hiring Platform Finds Around 20% of Its Postings Were 'Ghost Jobs'

Is that job listing too good to be true? There's a one-in-five chance that it might be.

Business News

'Masculine Energy Is Good': Mark Zuckerberg Tells Joe Rogan He Thinks Companies Need More Aggression

On the most recent episode of "The Joe Rogan Experience," Meta CEO Mark Zuckerberg said corporate culture has become "neutered."

Growing a Business

5 Risk-Taking Lessons From Founders Who Bet Big and Won

Discover the bold moves and strategic risks that catapulted these entrepreneurs to success. Learn how their fearless decisions can inspire your own path to growth.

Business Models

I Transformed My Company With Employee Ownership — Here's Why You Should Too

As a business leader who recently decided to transition to an employee-owned business model, I'm sharing insights into the vast benefits for both the business and employees based on first-hand experience.