Apple Spends $700,000 A Year On Security For CEO

Share It On:

How much “best technology company Apple’s Chief Executive Authorization” Tim Cook will spend on his security?? Being the World’s most valuable company’s chief, more challenges are needed to be faced. Maybe because of this, Apple spends nearly 7 million American dollars equally 7 billion Nepali Rupees on the security of its CEO.

It is said by the American Securities and Exchange Commission according to the cash they received from Apple. The company Apple with assets of 7 trillion Dollar has spent a lot of money in the personal security of their CEO, and personal safety of Cook has also been the critical topic, accepted by the company.

According to the report written by Equilar for Fortune Magazine, because of the various drone prepared by multiple companies, prominent CEOs are inverse of danger from Islamic Terrorists, because of this reason world’s largest growing companies has been more alert on the security of their CEOs.

Not only Tim Cook, for world’s many other leading companies’ CEOs security, but the company also pays a handsome amount of money. Amazon’s CEO Jeff Bezos and Oracle’s CEO Lyari Ellison are the main people who spend the highest amount of money for his security. In 2013, the security cost of Bezos was 16 million dollars and Ellison’s security cost was 15 million dollars, now it might have been increased.

The employee of Amazon is not saying anything about the expense of the security of their CEO, told Fortune. Disney Company lies in 4th position for spending a significant amount of money on the safety of its owner. Insecurity of CEO Bob Eager, Disney spends 5 million 84 thousand dollars yearly, and Billionaire Warren Buffet’s company Berkshire Hathaway spends 3 million 85 thousand dollars on this security, and he lies on 5th position on this category.

According to the report, nearly 28 thousand 6 hundred and 18 rupees dollar spend on the security of the world’s 100 leading companies. The CEO of Phillips Greg Garland spends less money on his security among 100 CEOs. His yearly security charge is just rupees 284 dollar. The 5 CEO’s who spend less money in their safety are including Greg, Archer Midlands’s Pi Warts (488 dollars), George Barret of Cardinal Health (893 Dollar), Johnson and Johnson’s Alex Gorky (970 Dollar) and Daniel Akerson of General Motors (1700 Dollars).


Share It On:

Recent Posts

NRB’s NPR 6.8 Billion Investment: Strengthening Nepal’s Financial Future and Banking Stability

NRB’s NPR 6.8 Billion Investment: Strengthening Nepal’s Financial Future and

Share It On:23rd November 2024, Kathmandu Nepal’s Central Bank, Nepal Rastra Bank (NRB), has announced a significant investment of NPR

Nepal’s ADB Prioritizes Farmers’ Welfare for Economic Growth and Agricultural Development

Nepal’s ADB Prioritizes Farmers’ Welfare for Economic Growth and Agricultural

Share It On: 23rd November 2024, Kathmandu The Agricultural Development Bank (ADB) is recognized as a vital institution for Nepal’s

Ridi Power’s 23rd AGM Concludes: Key Decisions, Investments, and Future Outlook

Ridi Power’s 23rd AGM Concludes: Key Decisions, Investments, and Future

Share It On: 23rd November 2024, Kathmandu Ridi Power Company Limited wrapped up its annual shareholder meeting, the 23rd Annual

Nepal Oman Financial Ties Strengthen: Omani Rial Now Legal Tender In Nepal

Nepal Oman Financial Ties Strengthen: Omani Rial Now Legal Tender

Share It On: 22nd November 2024, Kathmandu A significant step has been taken towards strengthening financial ties between Nepal and

Liberty Energy Rights Shares Offering: Eligibility, Application Process, and Future Plans

Liberty Energy Rights Shares Offering: Eligibility, Application Process, and Future

Share It On:22nd November 2024, Kathmandu Liberty Energy Company Limited is gearing up to issue rights shares starting December 1,

Asha Laghubitta’s 8th AGM 2024: Key Decisions and Future Plans

Asha Laghubitta’s 8th AGM 2024: Key Decisions and Future Plans

Share It On:22nd November 2024, Kathmandu Asha Laghubitta Bittiya Sanstha is holding its 8th Annual General Meeting (AGM) today, November