The High Stakes of Wealth: How Much Businessmen Spend On Their Security
Becoming rich isn’t an easy task and if somehow you manage to cross all the barriers and make good money, new difficulties come into the play such as maintaining the business and keeping the life safe as rich people are always on target of criminals. Millionaires know this fact and they don’t shy in spending money for security purposes because, without safety, there is no use of money. Let’s have a look at how much some of the top businessmen spend on their security:
1. Mark Zuckerberg
Zuckerberg is continuously working from years to connect the world and make it a better place to live but his own life’s security comes at a cost of $20,000 i.e. Rs 13.50 lakhs per day. As per security filings, Facebook spent $7.3 million (approx Rs 49 crore) last year for costs related to personal security for Zuckerberg at his residences and traveling.
2. Mukesh Ambani
Asia’s richest man- Mukesh Ambani is seen as one of the favorite targets for criminals due to the money his family possesses. Reports from 2014 show that he was paying Rs 14 lakh rupees each month for his security, the latest cost is not known but it must have surely increased in the time span of 4 years.
3. Tim Cook
Apple’s CEO Tim Cook gets a high-level security as the company pays $209,151 Rs 1.5 crores yearly.
Also Read: Here’s How Ultra-Rich Indians Spend Their Money
4. Jeff Bezos
The growth of Amazon can be guessed with the fact that the company’s CEO and founder Jeff Bezos, is by far the richest man on earth and he seems to be unstoppable right now. Amazon reportedly spent $1.6 million (approx Rs 10.75 crores) in 2016 for the security of Jeff Bezos.
5. Warren Buffet
The most popular investor in the world-Warren Buffett surely needs serious security and to provide that, Berkshire Hathaway paid $387,881 (Rs 2.60 crores) in 2016.
