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by adevine
3709 days ago
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A couple reasons: 1. Legally, Zuckerberg still bears fiduciary responsibility for all shareholders. If he decided to pay himself all the profits as CEO, he would get sued, and lose.
2. Almost all of Zuckerberg's wealth is tied up in his FB shares. If he starts acting in a way such that other investors don't believe he will support their interests, the value of those shares will go down. It would hurt Zuckerberg a lot more than anyone else. |
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(Actually it seems the $5mn are security expenses and use of corporate planes... It seems he doesn't really get any compensation beyond the $1 salary? Poor boy...)