Forbes looked at the five richest founders of public companies in the U.S. and found no correlation between growth in wealth and and increased personal security spending by the firms they founded.
. reaches levels not seen since the years before the Great Depression. That raises questions about seemingly exorbitant corporate perquisites reserved for the wealthiest executives—like companies picking up the tab for personal security.looked at the five richest founders of public companies in the U.S. and found no correlation between growth in wealth and increased benefit for personal security paid by the firms they founded.
Berkshire Hathaway didn’t report security costs associated with protecting its avuncular CEO, Warren Buffett, until 2008, a year after a man with camouflage paint on his face and a fake gun tried to break into the billionaire’s home. In 2017, Berkshire spent $375,000 on personal and home security services for the Oracle of Omaha, a 16% increase from security spending five years prior. Over that same time Buffett’s net worth rose 72% to $75.6 billion. Today, his net worth stands at $82.5 billion.
“Let’s say you have a totally under-the-radar billionaire. Nobody knew who they were,” Falkenberg says. “If that billionaire had a totally ordinary lifestyle, literally lived a life like the dentist down the street … there is no more risk to that person than there is the dentist down the street, unless someone is opening their bank statements.”
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Mark Zuckerberg's Security Costs Have Surged, Unlike Bezos, Ellison And OthersForbes looked at the five richest founders of public companies in the U.S. and found no correlation between growth in wealth and and increased personal security spending by the firms they founded.
Baca lebih lajut »
Facebook's Chief Product Officer Exits A Week After CEO Mark Zuckerberg Announces Pivot To PrivacyFacebook Chief Product Officer Chris Cox, the product visionary who worked alongside company founder Mark Zuckerberg for more than a decade building some of the company's most important products, including early versions of News Feed, is leaving the company.
Baca lebih lajut »
Facebook's Chief Product Officer Exits A Week After CEO Mark Zuckerberg Announces Pivot To PrivacyFacebook Chief Product Officer Chris Cox, the product visionary who worked alongside company founder Mark Zuckerberg for more than a decade building some of the company's most important products, including early versions of News Feed, is leaving the company.
Baca lebih lajut »
Facebook's Chief Product Officer Exits A Week After CEO Mark Zuckerberg Announces Pivot To PrivacyFacebook Chief Product Officer Chris Cox, the product visionary who worked alongside company founder Mark Zuckerberg for more than a decade building some of the company's most important products, including early versions of News Feed, is leaving the company.
Baca lebih lajut »
While The Wealthiest American Billionaires Got Richer, Corporate Spending On Their Personal Security Didn’t—Except At FacebookForbes looked at the five richest founders of public companies in the U.S. and found no correlation between growth in wealth and and increased personal security spending by the firms they founded.
Baca lebih lajut »
Silicon Valley's ultimate status symbol is the sneaker. Here are the rare, expensive, and goofy shoes worn by the top tech CEOs.Silicon Valley's ultimate status symbol is the sneaker. Here are the rare, expensive, and goofy shoes worn by the top tech CEOs — including the custom Jordans worn by Elon Musk on stage last night
Baca lebih lajut »
Chris Cox, a key Facebook executive and lieutenant of Mark Zuckerberg, is leaving the company amid an reorganizationThere's another major shakeup underway in Facebook's leadership.
Baca lebih lajut »
Facebook loses top product officer Chris Cox as well as WhatsApp chiefFacebook is losing two top executives: Chris Cox, the company’s chief product officer, and Chris Daniels, who heads messaging app WhatsApp, are departing, Chief Executive Mark Zuckerberg announced Thursday afternoon.
Baca lebih lajut »
Facebook says its top product executive, Chris Cox, is leaving, the highest-level departure in yearsCox, the longtime confidante of Chief Executive Mark Zuckerberg, announced his unexpected departure in a Facebook post Thursday.
Baca lebih lajut »
Does it matter where you go to college? Here’s what the data says.Let's not forget that billionaires Mark Zuckerberg, Steve Jobs, and Bill Gates all dropped out of college.
Baca lebih lajut »