FB also pays $12M a year for Zuckerberg's security details? In comparison, Amazon pays $1.2M for Bezos. So, I was wondering what kind of security could possibly cost $12M. Sounds like a tax-free way of spending on house decoration?
3 people in three shifts is 9 people needed per day. Given that people aren't going to work 7 days a week, you need extra people for coverage and weekend shifts. Let's be conservative and say 15 total. This is per location. Office, house, second house. That's 45 people. That's $266k per year in cost per person. Given the expenses of the motor pool, motor pool maintenance, travel accommodations and expenses for personal, the admin overhead of managing 45 people, etc etc this sounds fairly reasonable to me. If I was a billionaire I'd be spending at least that much too.
And they get to use more exciting/expensive tools that would otherwise be illegal for private citizens/companies to use.
They spend the money because it's not their money, because they can, and to flex on other leaders who are more budget conscious. Even for Zucks a billion a year on security theater would be a bit rich - because he spends his own money.
[0]https://www.sccgov.org/sites/da/newsroom/newsreleases/Pages/...
[1]https://sanfrancisco.cbslocal.com/2021/08/17/update-embattle...
https://www.secretservice.gov/about/history
We are one of America’s oldest federal law enforcement agencies, originally created in 1865 to stamp out rampant counterfeiting in order to stabilize America's young financial system. By the end of the Civil War, nearly one-third of all currency in circulation was counterfeit. As a result, the country’s financial stability was in jeopardy. To address this concern, the Secret Service was established in 1865 as a bureau in the Treasury Department to suppress widespread counterfeiting.
"Hey Sheryl, where are we gonna hide our offensive computer security team's budget?" "Let's put them dozen as 'personal security' for Mark."
In much the same way that the USMC has some functions besides providing West Wing sentries.
https://myarmybenefits.us.army.mil/Benefit-Library/Federal-B...
Are there First Lt's with 10 years of service? I thought it was up or out.
You make E-6, and then go to OCS. Now you're a 1LT with 10 years service. More frequent in National Guard.
Military pay for newly enlisted is quite low, but if you're living on base and not paying for housing or food, it's not bad. Officers get paid pretty well all in.
I'd be a pretty sweet security gig, hanging out at Zuck's 2nd or 3rd house doing nothing much for weeks on end... (You'd probably have enough on-the-clock free time to get paid to learn to code and crank out a few startup ideas...)
And you're correct about chilling out and learning on the clock, it's kinda how I got my current gig. Most just watch Netflix though.
I think this part describes the cost differential between Zuckerberg and Besos; Besos is no longer good jacket material.
(Part of his bad boy puffer jacket fashion makeover...)
Accomplish more with less. Constraints breed resourcefulness, self-sufficiency and invention. There are no extra points for growing headcount, budget size, or fixed expense.
/s
I imagine it’s like that across his numerous properties, as well as more who travel with him at all times.
Perhaps after all the steroids bezos doesn't need the help.
(I wonder if you could sign up for that job, and poison the training set so Zuck can never get near, say, a fire hydrant or a puppy - without the robots all going to defcon 5?)
https://medium.com/swlh/why-mark-zuckerbergs-personal-securi...
Wow.
Tldr the author thinks it's because so many people use Facebook, have strong opinions on their policies, and because Zuck as the founder is synonymous with the company.
Whatever is going on, it's not about him saving tax on $0.012B
In any case, they overpaid the fine by thousands of times compared to what was required, so there is another shareholders lawsuit coming their way. You cannot be a public company and mismanage the company money like this.