How Much Do Top Tech Billionaires Spend on Security?

Top tech billionaires aren’t just leading in innovation, they also spend a lot on their safety. A report from Fortune, using data from the Securities and Exchange Commission (SEC), shows how much money is spent to keep some famous tech CEOs safe.

These CEOs spend millions every year on things like bodyguards to protect themselves from dangers like kidnapping.

Here’s what some big tech companies spend on their CEOs’ security:

Meta – $23.4 million

Meta spends the most on security, with $23.4 million for CEO Mark Zuckerberg in 2023. This includes $9.4 million directly on security and another $14 million for extra security for him and his family.

The company thinks this high amount is needed because of his visible position and potential threats. Zuckerberg also knows mixed martial arts, which gives him some personal protection.

Alphabet – $6.8 million

Alphabet spent $6.8 million in 2023 on security for its CEO, Sundar Pichai. This includes personal security, a company car, and the use of private jets. Protecting the CEO of one of the world’s biggest tech companies is a top priority.

Tesla – $2.4 million

Tesla spent $2.4 million in 2023 to keep Elon Musk safe and another $500,000 in early 2024. Musk’s high profile and his recent reveal of assassination attempts show why his security is so important.

Nvidia – Over $2.2 million

Nvidia spends a bit less than others but still over $2.2 million on security for its CEO, Jensen Huang, in 2024. This covers his home security and services like security monitoring and a car with a driver.

Apple – $820,309

Apple’s security spending for CEO Tim Cook was $820,309 in 2023, which is less than others on this list. However, Apple also spent about $1.6 million on his private jet travel, adding to his security costs.