In a recent filing, Meta revealed that the median salary of its employees in 2023 was $379,000. This means that half of Meta’s workforce earned more than this amount while the other half made less. Despite his official salary remaining at $1, CEO Mark Zuckerberg received significant compensation, including $9.4 million for personal security costs.
While Zuckerberg’s pay is categorized as “other compensation” in Meta’s filing, a significant portion of it goes towards protecting him at his residences and during private travel. The company justifies these expenses by stating that negative sentiment towards Meta is often associated with Zuckerberg himself, due to his prominent role within the company.
However, Zuckerberg’s wealth is primarily derived from his extensive ownership of Meta stock. With an estimated net worth of $176 billion, Zuckerberg’s compensation is just one part of his overall financial picture.