Mark Zuckerberg spent an estimated $43 Million on personal security over the last 3 years KossyDerrickBlog KossyDerrickEnt

KossyDerrickEnt

Your favourite Entertainment Blog for trending Gist, Celebrity News and gossip, food and Hollywood Celebrity news. For advert and sponsored post, contact: [email protected]

Breaking News

Search This Blog

Translate

Sunday, July 9, 2023

Mark Zuckerberg spent an estimated $43 Million on personal security over the last 3 years

Mark Zuckerberg spent an estimated $43 Million on personal security over the last 3 years.

DefundPolice.org aims to 'diminish the role of policing in communities and empower alternative visions for public safety.' 


CZI, which Zuckerberg founded with his wife Priscilla Chan, has also reportedly donated more than $2.5 million to the anti-police group Solidaire, which has boasted about Oakland police losing $18 million in funding amid a surge in crime in the California city. 

While Zuckerberg has funded anti-police efforts, his company has increased the amount of money it spends each year, now at $14 million, to make sure the Facebook founder is protected by a security force. Meta has spent more than $40 million on CEO Mark Zuckerberg's personal security in the past three years, while his family-run foundation has also donated millions of dollars to groups that want to ‘defund the police’, according to a report published by The New York Post.

Since 2020, PolicyLink, the organization behind DefundPolice.org, has received $3 million in donations from the Chan Zuckerberg Initiative, the report said, citing investigative report Lee Fang.

The anti-police group calls itself a place for advocates or organizers who are looking for resources to divest from policing for building safer communities, the NYP report said.

Solidaire recently boasted of having played a part in stripping the Oakland Police Department’s budget of $18 million. 

Residents in Oakland in recent months suffered more than 100 robberies in a single week and 50 in a tumultuous 72-hour period in May, the San Francisco Chronicle reported. 

Oakland has seen a 22 percent increase in robberies over last year and an 18 percent increase in violent crime, from 211 incidents to 249, according to police data.

Many blame the rise in crime and homelessness in places like Oakland and San Francisco on lax law enforcement and generous assistance programs worth up to $687-per-month.

Meta - the Facebook parent company - has also increased its spending on Zuckerberg’s security to $14 million in 2023, up from $10 million over the last several years, according to a company filing. 

The company's CEO is permitted to use the money to pay for 'additional personnel, equipment, services, residential improvement' and other safety-related needs. 

No comments:

Advertise With Us