Meta’s Zuckerberg Spends More on Security in Year of Efficiency

Feb. 16, 2023, 12:51 AM UTC

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg has dubbed 2023 the “year of efficiency,” a signal the social networking company plans to reduce spending and increase speed, but costs are going up in at least one area: his personal security.

Meta, the parent company of Facebook and Instagram, is increasing its pretax spending on Zuckerberg’s personal security to $14 million in 2023, up from $10 million the last few years, according to a regulatory filing released Wednesday.

Mark Zuckerberg
Photographer: David Paul Morris/Bloomberg

This payment doesn’t include other security expenses the company will accrue on Zuckerberg’s behalf. The CEO has faced scrutiny in the ...

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