Facebook Founder Zuckerberg Requested $1 Salary, Starting In 2013

Posted on Feb 2 2012 - 12:18am by Editorial Staff

Facebook’s founder Mark Zuckerberg requested that his base salary be reduced to $1 per year, effective January 1, 2013 – Yes, I do mention $1 – This is the request that Zuckerberg requested during the Facebook’s S-1 filling for its $5 billion IPO. Now if we get back into the past and explore the numbers – his base salary for 2011 was $200,000 and he also received a $220,500 bonus for the first half of the year. The S-1 also states $783,529 as other compensations – included $691,679 for the costs related to personal use of aircraft chartered in connection with his comprehensive security program and on which family and friends flew during 2011.

Isn’t they are the big numbers, Zuckerberg is already making and now in context of it – he made a request for a $1 salary per year.

(Image Source: Mark Zuckerberg, Featured Image)

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Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.