[dreaminvm]

If Snap Inc. IPOs at their expected 25B value, Spiegel will be valued at nearly 5 billion (21% ownership), so ~1 million in security per year is not too far-fetched.

[fudged71]

Why not just kidnapping insurance?

[twinkletwinkle]

Maybe he doesn't want to be kidnapped in the first place...

[dreaminvm]

Because he is not the most likable CEO and not everyone is looking for a payday.

I am merely pointing out that his security costs are negligible to him/Snap Inc based on their valuation.

[bduerst]

Why not both?

Imagine the insurance premiums on that much wealth, without any security.