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Meta CEO Mark Zuckerberg's 2024 Pay Package Climbs to $27.22 Million
According to Meta Platforms’ latest SEC filing, Mark Zuckerberg’s annual compensation saw a notable increase in 2024. The tech giant’s CEO received total compensation valued at $27.22 million for the year ended December 31, 2024, compared to $24.4 million in 2023—marking an approximately 11% year-over-year rise.
Compensation Breakdown & Security Costs
Interestingly, Zuckerberg continues his longtime practice of drawing just $1 in annual salary, maintaining this symbolic approach to his official wages. He does not participate in the company’s bonus plan and received no equity awards during the period.
The overwhelming majority of his total compensation package stems from security-related expenses. These costs encompass personal security provisions at his residences, protective measures during private travel arrangements, and expenditures tied to his personal usage of private aircraft—all components of his comprehensive security program. Additionally, his annual security allowance contributes substantially to the overall compensation figure.
Pay Disparity & Shareholding Details
The 2024 data reveals that Zuckerberg’s total annual compensation maintains a 65:1 ratio relative to the median annual compensation of all other Meta employees, illustrating the significant disparity in executive pay across the organization.
On the shareholding front, Zuckerberg has pledged 12,000,000 shares of Class B common stock as collateral for certain debt obligations. These pledged shares represent approximately 3.5% of his total beneficial ownership in Meta, 0.5% of the company’s outstanding common stock, and roughly 2.1% of the total voting power associated with outstanding shares—figures calculated as of April 1, 2025. This pledging arrangement received prior approval from Meta’s compensation, nominating & governance committee and board of directors.