In 2023, Meta employees had a median salary of $379,000, as disclosed in a recent filing. This means that half of the company’s workforce made more than this amount while the other half earned less. Despite being officially listed as earning $1, CEO Mark Zuckerberg received a massive compensation package of $24.4 million. However, his official salary remained at $1 and was not included in this total.
The bulk of Zuckerberg’s compensation came in the form of “other compensation,” which included significant perks such as $9.4 million for personal security costs. The company justified these expenses by stating that negative sentiment towards Meta is often associated with Zuckerberg himself due to his prominent role within the company.
Zuckerberg’s wealth is primarily derived from his extensive ownership of Meta stock, which has an estimated net worth of $176 billion. While his compensation may seem insignificant compared to the millions spent on his security and travel, it is just one part of his overall financial picture.