1. Facebook Approves $10 Million a Year for Zuckerberg Family Security

    Facebook Approves $10 Million a Year for Zuckerberg Family Security

    The allowance, announced in an SEC filing on Thursday, increases Facebook's security spend on Zuckerberg from $7.3 million last year...

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    1. 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.
    2. 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.
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