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It Costs 10 Times More To Protect This Billionaire Than It Costs To Protect Elon Musk


It Costs 10 Times More To Protect This Billionaire Than It Costs To Protect Elon Musk
It Costs 10 Times More To Protect This Billionaire Than It Costs To Protect Elon Musk

Being abundant and well-known features rewards such as personal jets, deluxe homes and costly holidays. But there’s an additional side to being in the limelight that many individuals do not consider– the demand for consistent safety. And when you are among the globe’s most popular billionaires, that defense can come with an eye-popping price.

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Regarding maintaining billionaires secure, one name stands over the remainder:Mark Zuckerberg Fortune reported that in 2023, Meta (NASDAQ: META) invested $23.4 million to maintain its chief executive officer and owner secure. To placed that in point of view, that’s practically 10 times greater than what Tesla (NASDAQ: TSLA) paid to protect Elon Musk throughout the very same year. If you believed Musk’s prominent way of life included a huge safety expense, Zuckerberg’s prices get on an entire various degree.

Of the $23.4 million, $9.4 million was invested straight on safety solutions for Zuckerberg and an additional $14 million was paid as a yearly allocation to cover various other security-related prices for him and his family members. The business spends for whatever from continuous bodyguards to sophisticated home keeping an eye on systems. Meta asserts that given that the chief executive officer is so carefully related to the business, maintaining him protect is essential since if anything were to take place to Zuckerberg, it would straight affect Meta’s credibility and service.

See Also: Deloitte’s fastest-growing software program business companions with Amazon, Walmart & & Target– Last Chance to get 4,000 of its pre-IPO shares for just $0.26/share!

In contrast, Elon Musk’s safety costs appear small. Tesla apparently invested around $2.4 million in 2023 to maintain Musk secure, plus an added $500,000 for very early 2024. That’s still a great deal of cash, yet no place near Zuckerberg’s degree. Musk’s questionable viewpoints and routine of remaining in the general public eye definitely put a target on his back, yet also he does not need the type of safety information that Zuckerberg does.



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