In a recent company filing, it was revealed that the median salary of employees working at Meta last year was $379,000. This means that half of Meta’s employees made more than this amount, while the other half made less. The CEO of Meta, Mark Zuckerberg, earned a massive $24.4 million in 2023. Despite his official salary remaining at $1, his compensation included significant perks, such as $9.4 million for personal security costs.
Zuckerberg’s pay is categorized as “other compensation” in Meta’s filing, with a significant portion going 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. While Zuckerberg’s $1 salary may seem insignificant compared to the millions spent on his security and travel, his 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.
