Mark Zuckerberg is the founder and CEO of Meta Platforms, Inc. He’s known for his unconventional approach to pay—he receives a symbolic salary of just $1 per year and doesn’t accept bonuses or stock options. Instead, he holds a massive...
Mark Zuckerberg is the founder and CEO of Meta Platforms, Inc. He’s known for his unconventional approach to pay—he receives a symbolic salary of just $1 per year and doesn’t accept bonuses or stock options. Instead, he holds a massive amount of Class B Common Stock, which gives him greater voting power in the company compared to regular stock. As of August 2024, these shares are valued at over $179 billion, meaning his wealth is closely tied to how well Meta performs. Security is a big concern for him due to his high-profile position. Meta has spent millions on his personal security, including a significant increase in his annual security allowance to $14 million, which reflects the unique risks tied to his role. Zuckerberg is focused on big projects like building the metaverse and using AI to enhance the user experience across Meta’s platforms. Since taking the company public, he’s always sought to align his interests with those of Meta’s shareholders, emphasizing long-term growth. His leadership in shaping the digital landscape is critical as Meta looks to innovate and adapt in a rapidly changing tech environment.