Facebook spent $20 million on Mark Zuckerberg's personal security in 2018

Facebook more than doubles Zuckerberg compensation to.6 million

In a filing with the US Securities Exchange Commission (SEC), Facebook has said it spent $20 million on its CEO Mark Zuckerberg's personal security a year ago.

The move comes less than three years after Hastings told fellow board member Peter Thiel that he meant to slam the PayPal co-founder's performance review over his endorsement of President Donald Trump, who was in the heat of the 2016 campaign at the time.

CNET reported that Facebook stated in the filing with the SEC on Friday it spent $2.6 million on private plane costs - up from $1.5 million a year before.

"I see our board being about great judgment, particularly in unlikely disaster where we have to pick new leaders", Hastings wrote in an August 2016 email to Thiel, which was obtained by The New York Times.

"Peggy is one of those rare people who's an expert across many different areas - from business management to finance operations to product development", said Facebook CEO Mark Zuckerberg.

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As TechCrunch notes, the CEO only receives an annual salary of $1 and does not earn an annual bonus.

Regulatory filings have revealed that Facebook now spends $22.6 million on bodyguards and other security for the boss, up from $9 million in the previous year. However, he gets millions in "other compensation", a bulk of which traces to security costs.

Facebook pays for Zuckerberg and his family's personal security at his homes and when he travels. About $2.6 million of the $20 million were 'for costs related to personal usage of private aircraft.

It includes Russia's alleged influence on the 2016 U.S. presidential election and revelations that Cambridge Analytica, a political consultancy hired by Donald Trump's 2016 presidential campaign, obtained personal data from millions of Facebook profiles without consent. There was also, as CNBC notes, this episode with Definers Public Affairs, where the social network was found to have used a firm to generate negative stories about competitors and plant them in the press.

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