Mark Zuckerberg Spent Almost $2 Million on Private Aircraft Last Year
By: 24/7 Wall Street
April 14, 2021
Among the perks of being a chief executive officer are private security and the use of company aircraft. Among the CEOs who spent the most on private aircraft last year was Mark Zuckerberg, founder and chief executive of Facebook. He spent $1,848,630 in 2020, $2,952,255 in 2019 and $2,597,320 in 2018.
Zuckerberg’s cost of private security was $13,439,634 in 2020, $10,463,717 in 2019 and $9,956,847 in 2018, according to data provided by MyLogIQ, which uses artificial intelligence and machine learning to analyze public company data.
The Facebook proxy shows that the private plane costs are:
“For purposes of reporting the value of personal usage of private aircraft in this table, we use costs provided by the applicable charter company, which include passenger fees, fuel, crew, and catering costs.”
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