Evan Spiegel is already known for his penchant of riding a black SUV throughout Venice, and job listings show his security guards must come armed.
Snapchat paid $890K to protect Evan Spiegel — Here's how that compares to other tech CEOs
It's a CEO's job to run the company, but it often falls to the company to keep them safe in turn.
But while protecting Spiegel cost almost $900,000 in 2016, he's hardly alone among tech CEO who have big money paid to keep them safe. Business Insider combed through US Securities and Exchange Commission filings to find what it costs to protect some of the most powerful CEOs in tech. Because this information is found on proxy statements that companies issue at different times throughout the year, some totals reflect security costs for either 2015 or 2016, depending on when they most recently filed.
Here's what companies are paying in order to protect their top brass:
Twitter CEOs Jack Dorsey and Dick Costolo: $111,930
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Apple CEO Tim Cook: $220,432
Costs are for 2016.
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Google Executive Chairman Eric Schmidt: $359,581
Alphabet spent $359,581 to protect its chairman in 2015.
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Yahoo CEO Marissa Mayer: $544,061
This amount covered Mayer's security at business events and for business travel in 2015.
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IBM CEO Ginni Rometty: Up to $617,794
Rather than identifying her security costs, IBM lists costs of security under other compensation, which includes ground transportation, an annual physical, family attendance at IBM events, and other personal expenses.
In 2015, Rometty's "Other Compensation" totaled $866,621, $248,827 of which was use of company aircraft. That means her security costs alongside all those other expenses could be up to $617,794.
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Evan Spiegel: $890,339
Costs are for 2016.
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Salesforce CEO Marc Benioff: $1,449,882
Costs are for 2015.
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Oracle founder Larry Ellison: $1,535,452
Costs for his home security are from fiscal year 2016.
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Amazon CEO Jeff Bezos: $1,600,000
Costs are for 2015.
Source:
Facebook CEO Mark Zuckerberg: $5,037,840
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