In Word: It’s not uncommon for high-profile executives to have a bodyguard, or even a personal security detail that consists of multiple teams assigned to keep them safe. And as a new Protocol report highlights, the more controversial the company, the more it is likely to spend to keep those executives safe.
In 2020, Facebook spent a whopping $ 23.44 million on founder and CEO Mark Zuckerberg’s security detail. That’s an increase of almost $ 3 million compared to the previous year, and we can’t forget that 2020 was the year of the pandemic where lockdowns and requests to stay at home were commonplace.
Facebook also spent $ 7.65 million to protect COO Sheryl Sandberg, up from $ 4.37 million in 2019.
Google boss Sundar Pichai needed $ 5.4 million for his security team. After that, it really falls off, as the next cost, as read in detail, was $ 2.06 million from Lyft to keep its co-founder and president safe.
Regarding the pandemic, some believe it might actually have been responsible for the increased spending on security compared to 2019. Kent Moyer, who manages security for high-net-worth individuals and technology clients for World Protection Group, said Protocol that their clients noticed an increase in threats in 2020 that could be attributed to self-isolation. “If somebody was a little crazy, they would go very crazy,” Moyer said.