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- Mark Zuckerberg and Sheryl Sandberg’s private flights reportedly cost $6.6 million in 2022.
- The amount spent on their flights increased 55% since 2019, The Wall Street Journal reported.
The use of private jets by Meta’s CEO Mark Zuckerberg and its former COO Sheryl Sandberg cost the company $6.6 million in 2022, The Wall Street Journal reported.
That figure represents an increase of around 55% since 2019, per the report.
The cost of private flights for Zuckerberg alone was $2.3 million in 2022, The Financial Times reported. In two months of the year, his private jet made 28 trips, which emitted 17 times more carbon than the average American in a year, data compiled using flight-tracking software showed.
The company spent almost $27 million on Zuckerberg’s security and private jet travel in 2021, with $1.6 million alone spent on his flights that year. In 2020, Meta paid $1.8 million on his flights, the company’s 2023 proxy statement showed.
S&P 500 companies paid $41.3 million on corporate jet travel for their CEOs in 2022, the Financial Times reported, citing data from ISS Corporate Solutions.
Meta no longer pays for Sandberg’s travel since she stepped down as its COO in September 2022 after 14 years at the company, the Journal reported. However, the board agreed to pay for her private security until the end of June 2023 because of “continuing threats to her safety,” Reuters reported.
Some ultra-wealthy travelers have been ditching traditional private jets and buying airliners, Business Insider previously reported. Boeing, for example, has sold more than 200 of its business jets to royal family members and other people with a high net worth.
Meta didn’t immediately respond to Business Insider’s request for comment, made outside of normal working hours.
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