The personal use of corporate jets by executives has increased by 50%, with companies spending $65 million on this perk. Meta, Lockheed, Constellation, Tyson Foods, and Ford are among the companies funding personal travel for their executives, with Meta spending $6.6 million on private jet flights for Mark Zuckerberg and Sheryl Sandberg in 2022. Mark Zuckerberg's company-paid travel included trips on an aircraft he owns, which Meta charters for business, paying $523,000 in 2022. The $47 billion metaverse bet by Mark Zuckerberg is expected to take at least a decade to be fully realized, according to a Meta executive.
Meta spent $6.6 million on private jet flights in 2022 for Mark Zuckerberg and Sheryl Sandberg https://t.co/jGSUfJpRoa
Power companies spent $65 MILLION on private planes for executives, including Meta shelling out $6.6 million to fly Zuckerberg around the globe https://t.co/MtRht3HP61 https://t.co/beUpg2f5Pt
Mark Zuckerberg's $47 billion metaverse bet will take at least a decade to be 'fully realized,' says Meta exec https://t.co/DQEcO42DyX
Companies have been busy funding personal travel for their execs Total spent on corporate jets (2022): • Meta $6.6 million • Lockheed $2.1 million • Constellation $1.9 million • Tyson Foods $1.8 million • Ford $1.5 million https://t.co/jOdPpbYdK8
The $65m Perk for CEOs: Personal Use of Corporate Jets Has Soared Zuckerberg’s company-paid travel included trips on an aircraft he owns, which Meta charters for business, paying $523,000 in 2022. Co pays for personal use. Security isn’t a valid reason https://t.co/cWkvt4gzsA
Personal use of corporate jets has soared 50% as companies spend $65M on perk for execs https://t.co/fFI5FfJASm https://t.co/LPO8KWM64b