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The Cost Of Protecting A CEO | CNBC

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CNBC's Robert Frank reports on which companies, and which CEOs spend the most on protection. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC The Cost Of Protecting A CEO | CNBC
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Text Comments (96)
Waqar Ahmed (1 year ago)
Ip world succerberg u can't take credit for up Facebook quips held for Cambridge annaletica ect ect ect courts respect cud u use swaieeleee word to burners Lee as Ted talks rated him senator any time interview Roger timetravller organiser Mike Tyson myth 50 million viewers ask Peter Jones my memory muscule fine to80 tuned for millennium nights new eara of past ideas documental evident along prior art co exsistant witness box teachers students of course back to the future buffs of false media fools gold pre dressed for globel yet another moon land fluttering flag ironic we can see wat looks like couched big foot on mars zoomed but moon wat at eyes see can not find biggie or flag in front of eyes
Franks Life Changes (1 year ago)
Zuckerberg is easily the most famous of all those CEOs though too, fame plays a HUGE role.
meowmeow (1 year ago)
I would hate this life....I bet he wishes all the time that he could go out like a normal person.
Kenneth Edwards (1 year ago)
Donate ,parties don't matter when hundreds of millions are being thrown about. ( The conservative or intelegent public is destroyed)!!!
EdVentures (1 year ago)
That’s insane
Валерия Карреон (1 year ago)
He's a living meme. I'm pretty sure they know now that everyone wants the Z U C C.
Christian Torres (1 year ago)
What about Carlos Slim?
Lemsi Otano (1 year ago)
Z U C C
The Dudelino (1 year ago)
Pretty sure that includes multiple armored vehicles in a fleet, that's why they have these enormous costs. Plus 16 securities need their own rooms in 5 star hotels - Zuckerberg travels way more than most other US CEOs.
Dominic Lowrey (1 year ago)
Various houses I only have one and I don't even like it that much
david mathews (1 year ago)
Why do people care how he spends his money?
k (1 year ago)
Nobody would care if he spent his own money. He's using investor money for security and to take private jets around the world.
subject_17 (1 year ago)
Gotta protect the lizard king.
Merle Patterson (1 year ago)
My cost was a whopping $0.00
Regis Parris (1 year ago)
It costs so much because he doesn't want people to know he's a lizard
Francisco Miranda (1 year ago)
Probably 1M is like $20 for us. He has tons (literally) of money.
Owez (1 year ago)
just upgrade him with a brand new PSU, capable of powering high-powered red diode eye lazers
Sk. Sabit Faisal (1 year ago)
Z U C C is as insecure as his data protection policy.
Amir (1 year ago)
Dang This guy's a big shot, huh
Zachary Routhier (1 year ago)
This is a joke I would imagine that if a CEO decides pays out of pocket then they get paid by the company to provide their own protection.
Peter Downey (1 year ago)
If my neighbour's security team took up all the parking spaces, I'd shove exhaust whistles up the exhaust pipes of all of the offending cars.
epiclolyay (1 year ago)
Who cares, it's a private company? They can spend however much they want on what they want.
epiclolyay (1 year ago)
Yes, it is a private company, funded by the public. Just like every other bloody business on the planet.
SOLAREKUS (1 year ago)
Chicken Man They are a publicly traded company, his security paid for by investors and shareholders.
Avid Inspiration (1 year ago)
"Only"
Zorain Shah Bukhari (1 year ago)
If he has soo much money.. why would be not oay for his security. Its not ur money.. stop judging
Jed Tan (1 year ago)
Who's that girl on the white top?
Reflexivernunft (1 year ago)
I don't know what these comments are. If you get serious threats, that someone will murder you and your family you too would double the expenses for security
Starney Binson (1 year ago)
Hey, maybe lizards are more delicate
PhantomMatrix (1 year ago)
One time Tim Cook walked into an apple store in NYC and no one knew who he was. Like who's Tim Cook?
The Adanator (1 year ago)
Because this is what the people care about knowing somehow
Yo 27/ 1.3. (1 year ago)
Halo mark🙋🏻‍♂️🥂
Adam Mundorf (1 year ago)
The reason is because Zuckerberg travels. All the other people they listed with the exception of Ellison I don't think travel much. Ellison might travel but he has private islands and huge compounds.
RFI-Crypto Lab (1 year ago)
Zuck is a POS
F And (1 year ago)
Alot of guns
21 savage (1 year ago)
That's still only 1 ten thousandth of his wealth
Jerome Rockefeller (1 year ago)
Mark Zuckerberg is a young CEO and he has the potential to do more things than these old/decrepit CEOs. I think that this is an unfair comparison to Mark.
Mark Hunt (1 year ago)
Lotta haters out there..
KGD (1 year ago)
If the Russians and Chinese want to take him down he is good as dead . His private security staff are no match for intelligence forces of sovereignty states .
Christian (1 year ago)
coming from someone named the lord of seven kingdoms... seems legit
Vlad Marcu (1 year ago)
And it is true because you said it.
Bored Engineer Operating Near Groom Lake Detachment 3 (1 year ago)
That dude with the glasses has the nicest suit I’ve seen in a while.
GoodDay (1 year ago)
He is a spy from tf2
HICHAM BENALIA (1 year ago)
it looks great on him ALL Because of his physique, Look at the neck and shoulders, ... if you want the suit looks nice on you, you have to build a great physique ;) ..
Shark Guard (1 year ago)
Who cares? He's pitiful enough to be such a collosal nerd.
what Error (1 year ago)
Shark Guard and you are special?
Flik Cof (1 year ago)
Conscience not clear. Hence costly
Francis Muiruri (1 year ago)
His company paid what is the big deal?
Paul Pinto (1 year ago)
Bcoz that's public money since they've bought shares of the company
upacarasamadhi (1 year ago)
7m per year for security..lmao
Ruben (1 year ago)
Theres a dude who installed a multi million dollar missle defence system in his yatch because hes so paranoid. If you got that kind of money it doesnt matter anyways.
Gon Freecss (1 year ago)
upacarasamadhi He’s a multi billionaire that’s chump change to him, it is a little excessive though.
Rajat Bansal (1 year ago)
lmfao 7 million is nothing for zuckeberg !!
btw3006 (1 year ago)
Rajat Bansal I’m pretty sure that all the shareholders are fine with Zuckerberg doing this, when the stock is up about 540% in five years, even after this drop.
Rajat Bansal (1 year ago)
Anass Kadmiri I mean worst case he can give that money back yeah bad for investors but while doing that I don't think he even realised that 7 mill from company account is a big deal . He must have been like 7 mill. no biggie or something .
Lucas Andler (1 year ago)
Boned You know that’s not how it works when you take a company public...there are shareholders. It’s no longer solely his company. Zuckerberg may have the large majority of equity in the company but Shareholders/the company shouldn’t have to pay for his plane and personal security when he’s worth billions...
Alex Smith (1 year ago)
its not a private company, its a public company, it has shareholders. Zuckerberg owns less than 28% of Facebook shares, please educate yourself so you don't look incredibly stupid.
Boned You (1 year ago)
Anass Kadmiri His company his money.
bin boy (1 year ago)
Now does he living simple life ha.
Jose Ochoa (1 year ago)
Crazy thing is he is super comfortable and that money is nothing to him
Adam Bernard (1 year ago)
It is a bit of a strange phenomenon to be living in the free world yet need so much security.
Bobby (1 year ago)
It's because we live a a free world that they need security.
Vyrkhan (1 year ago)
duh
Vyrkhan (1 year ago)
because is the 'free world'
Gucci Mane (1 year ago)
the*
Gucci Mane (1 year ago)
Cj Cooper yea anybody could be ‘rich and famous’ but what Adam is saying is why does one need so much security in a FREE world? free as in you have he ability to walk outside and breath air
The Truthseeker47 (1 year ago)
We are all goyems to him and he spent 7.5 million of investors' money to protect himself from us.
meangirlbecca (1 year ago)
That's okay.... at least it's their own or company's money, not taxpayers'. Also, it makes sense because they are all well known public figures who are also very rich. You don't want to run the risk of being kidnapped or blackmailed or assaulted in public spaces...
Vyrkhan (7 days ago)
It's not that. Facebook is a powerful tool for politics, many countries would do everything to have some control over the social network. Trump campaign won a large support thanks to the targeted ads his campaign paid on Facebook, now imagine if you don't have to play 'fair' to collect votes through the social network. You could pretty much manipulate people by showing them Pro republican/democratic posts every day, until they change their politics preference. Facebook with 2 billion monthly users is the most powerful weapon for democracies. Not even the CEO of Lockhead Martin needs that amount of protection.
LOL No (1 year ago)
7.3 mil is not a lot compared to his billions in revenue.
psumiz (1 year ago)
At least hes creating jobs....
D. J. (1 year ago)
But he hate's guns.
Phil Tulxjen (1 year ago)
what this ugly babyface did to the land owners in Hawaii showed how cold his heart is yet like in so many other instances, he only proves that he's guilty of theft. Each time he smiles, he reminds me of the baby in Mel Gibson's movie "The passion of Christ".
MegaBeanandCheese (1 year ago)
Zuckerberg is such a pathetic coward. He'd probably faint if you shook a fist.
Anon Anon (1 year ago)
Peter Downey Because, it's a different era now. The world is changing. Having large muscles is basically useless. Being smart is. The smartest comes up at the top of the food chain, the top of the hierarchy, the kings.
Dee T (1 year ago)
Or i can fist him
حفصة (1 year ago)
Nguyen Phan Anh He's richer than 99% of the world. What's your point?
Peter Downey (1 year ago)
I don't need a bodyguard because I'm from South London, and I've got myself. Who needs a bodyguard when you've got yourself?
TheTrojan Lawl (1 year ago)
Says the pathetic coward keyboard warrior XD
Supernova12034 (1 year ago)
Mike tyson paid: 0 dollars.
Dee T (1 year ago)
Black men can protect themselves. They are strong
Gio Ciudadano (1 year ago)
oof
Miracle John (1 year ago)
jonaman11 don't u get it, right?
jonaman11 (1 year ago)
Read his biography. He actually did have security...to protect other people from him
Real Lemon44 (1 year ago)
🦎🦎🦎
kinn grimm (1 year ago)
paying for a false sense of security and to discourage the little fish
WILSON! (1 year ago)
That's because they know they're guilty of something......clue: Summers
WILSON! (1 year ago)
Lohe221 Guilty of screwing the Winklevosses, and later utilizing user data for corrupt political purposes.
Lohe221 (1 year ago)
Guilty of creating something that other people want to exploit, yeah.