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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 (3 months 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 (6 months ago)
Zuckerberg is easily the most famous of all those CEOs though too, fame plays a HUGE role.
meowmeow (7 months ago)
I would hate this life....I bet he wishes all the time that he could go out like a normal person.
Kenneth Edwards (7 months ago)
Donate ,parties don't matter when hundreds of millions are being thrown about. ( The conservative or intelegent public is destroyed)!!!
EdVentures (7 months ago)
That’s insane
Валерия Карреон (7 months ago)
He's a living meme. I'm pretty sure they know now that everyone wants the Z U C C.
Christian Torres (7 months ago)
What about Carlos Slim?
Ismel Otano (7 months ago)
Z U C C
The Dudelino (7 months 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 (7 months ago)
Various houses I only have one and I don't even like it that much
david mathews (7 months ago)
Why do people care how he spends his money?
k (7 months 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 (7 months ago)
Gotta protect the lizard king.
Merle Patterson (7 months ago)
My cost was a whopping $0.00
Regis Parris (7 months ago)
It costs so much because he doesn't want people to know he's a lizard
Francisco Miranda (7 months ago)
Probably 1M is like $20 for us. He has tons (literally) of money.
Owez (7 months ago)
just upgrade him with a brand new PSU, capable of powering high-powered red diode eye lazers
Sk. Sabit Faisal (7 months ago)
Z U C C is as insecure as his data protection policy.
Amir Alam (7 months ago)
Dang This guy's a big shot, huh
Zachary Routhier (7 months 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 (7 months 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 (7 months ago)
Who cares, it's a private company? They can spend however much they want on what they want.
epiclolyay (7 months ago)
Yes, it is a private company, funded by the public. Just like every other bloody business on the planet.
SOLAREKUS (7 months ago)
Chicken Man They are a publicly traded company, his security paid for by investors and shareholders.
Avid Inspiration (7 months ago)
"Only"
Zorain Shah Bukhari (7 months ago)
If he has soo much money.. why would be not oay for his security. Its not ur money.. stop judging
Do Bo (7 months ago)
Cost over $20 000 every single day to protect Zuck? Whatever. Such BS
Jed Tan (7 months ago)
Who's that girl on the white top?
Reflexivernunft (7 months 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 (7 months ago)
Hey, maybe lizards are more delicate
PhantomMatrix (7 months 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 (7 months ago)
Because this is what the people care about knowing somehow
Yo 27/ 1.3. (7 months ago)
Halo mark🙋🏻‍♂️🥂
Adam Mundorf (7 months 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 (7 months ago)
Zuck is a POS
F And (7 months ago)
Alot of guns
tom (7 months ago)
That's still only 1 ten thousandth of his wealth
Jerome Rockefeller (7 months 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 (7 months ago)
Lotta haters out there..
KGD (7 months 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 (7 months ago)
coming from someone named the lord of seven kingdoms... seems legit
Vlad Marcu (7 months ago)
And it is true because you said it.
Bored Engineer Operating Near Groom Lake Detachment 3 (7 months ago)
That dude with the glasses has the nicest suit I’ve seen in a while.
GoodDay (7 months ago)
He is a spy from tf2
HICHAM BENALIA (7 months 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 (7 months ago)
Who cares? He's pitiful enough to be such a collosal nerd.
what Error (7 months ago)
Shark Guard and you are special?
Flik Cof (7 months ago)
Conscience not clear. Hence costly
Francis Muiruri (7 months ago)
His company paid what is the big deal?
Paul Pinto (7 months ago)
Bcoz that's public money since they've bought shares of the company
upacarasamadhi (7 months ago)
7m per year for security..lmao
Ruben (7 months 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.
Exceed (7 months ago)
upacarasamadhi He’s a multi billionaire that’s chump change to him, it is a little excessive though.
Rajat Bansal (7 months ago)
lmfao 7 million is nothing for zuckeberg !!
btw3006 (7 months 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 (7 months 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 (7 months 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 (7 months 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 (7 months ago)
Anass Kadmiri His company his money.
bin boy (7 months ago)
Now does he living simple life ha.
Jose Ochoa (7 months ago)
Crazy thing is he is super comfortable and that money is nothing to him
Adam Bernard (7 months ago)
It is a bit of a strange phenomenon to be living in the free world yet need so much security.
Bobby (7 months ago)
It's because we live a a free world that they need security.
Vyrkhan (7 months ago)
duh
Vyrkhan (7 months ago)
because is the 'free world'
Gucci Mane (7 months ago)
the*
Gucci Mane (7 months 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 (7 months ago)
We are all goyems to him and he spent 7.5 million of investors' money to protect himself from us.
meangirlbecca (7 months 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...
Hi (7 months ago)
7.3 mil is not a lot compared to his billions in revenue.
psumiz (7 months ago)
At least hes creating jobs....
D. J. (7 months ago)
But he hate's guns.
Phil Tulxjen (7 months 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 (7 months ago)
Zuckerberg is such a pathetic coward. He'd probably faint if you shook a fist.
Anon Anon (7 months 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 (7 months ago)
Or i can fist him
حفصة (7 months ago)
Nguyen Phan Anh He's richer than 99% of the world. What's your point?
Peter Downey (7 months 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 (7 months ago)
Says the pathetic coward keyboard warrior XD
Supernova12034 (7 months ago)
Mike tyson paid: 0 dollars.
Dee T (7 months ago)
Black men can protect themselves. They are strong
Gio Ciudadano (7 months ago)
oof
Miracle John (7 months ago)
jonaman11 don't u get it, right?
jonaman11 (7 months ago)
Read his biography. He actually did have security...to protect other people from him
Real Lemon44 (8 months ago)
🦎🦎🦎
kinn grimm (8 months ago)
paying for a false sense of security and to discourage the little fish
WILSON! (8 months ago)
That's because they know they're guilty of something......clue: Summers
WILSON! (7 months ago)
Lohe221 Guilty of screwing the Winklevosses, and later utilizing user data for corrupt political purposes.
Lohe221 (7 months ago)
Guilty of creating something that other people want to exploit, yeah.