Let’s all take a moment to shed a tear for Mark Zuckerberg. On Thursday, Zuckerberg’s personal fortune took a $16 billion hit as Facebook’s stock suffered a $119 billion loss. When Zuckerberg woke up on Thursday morning he was the third wealthiest human on the planet. By the time he went to bed, he was only the sixth wealthiest.
Losing $16 billion in one day is only the latest bad day for Zuckerberg. In recent months he has had to contend with revelations that Facebook misused users’ data, and he spent a couple of uncomfortable days being grilled by Congress and the European Parliament.
Okay, enough crying for Zuckerberg. His Facebook holdings are still worth $70.6 billion and, like other notable billionaires, he still harbors ambitions of remaking the United States through mass immigration. FWD.us, the mass immigration advocacy group Zuckerberg helped found and funds, is still lobbying hard for an essentially borderless country, where anyone who wants to “friend” the United States can enter at will, with no option for society to “unfriend” them.
And, of course, while the notion of a wall along the border of the United States horrifies him, his primary residence in Palo Alto, Calif., and his vacation home in Hawaii (where he is suing native Hawaiians who claim ancestral rights to the property) are well protected by…you guessed it, walls.
But even a man who lives behind guarded walls has to get out among the people sometimes. However, when he does, he is well guarded by a phalanx of security personnel subsidized by the people he is trying to keep at bay. The cost for protecting Zuckerberg and his family, $27,000 a day, is subsidized by a $10 million annual pre-tax allowance that enables him to delay (or perhaps avoid altogether in the long run) paying taxes on that money.
According to a Security and Exchange Commission filing, Zuckerberg can use the $10 million annual pre-tax allowance to cover the costs of “security personnel for his protection; the procurement, installation, and maintenance of certain required security measures for his residences; and the usage of private aircraft for personal travel. This allowance will be paid to Mr. Zuckerberg net of required tax withholdings, and Mr. Zuckerberg may apply the net proceeds to pay for additional personnel, equipment, services, residential improvements, or other security-related costs.”
See, life’s not so bad, even if you are only the sixth wealthiest person on earth. You can still get a little help from the taxpayers to protect yourself and your family, even as you try to erase borders for everyone else.
8 Comments
We aren’t actually paying for his security, per se.’ The US tax code allows him that write off. I’ll never bemoan or besmirch another person wealth (normally) it’s only when assh0le hypocrites like Zuckerburg that get my knickers in a twist.
I utterly detest the “do as I say not as I do” mentality of limousine liberals & hollyweird hypocrites. If he wants to be so cavalier with “no walls” & ” open borders” let him start at home.
When it comes right down the factual and actual nitty gritty truth, when people hit the wealthy liberals in their bank accounts, that is where they feel the most pain. Money for these hypocritical liberals means Power. If you look at their personal life styles, what they become advocates against, is the very things they don’t want to give up. Democrats say they care, when what they really mean is, they need the uneducated, illegals and easily brainwashed to believe their lies to keep their greed for money and power to prosper for themselves.
Brenda, you are so right! Sickening isn’t it!z.!?
These open border idiots need to have their brains bashed in. Zucker,****** berg needs to start paying real taxes NOW. TEAR DOWN HIS FORTRESSES. HAUL OUT THOSE OPEN BORDER FREAKS IN CONGRESS AND GAS THEM. MAKE THEM SUFFER AWHILE SUFFOCATING AND THINKING HOW TGEY SUFFOCATED AND SCREW THE CITIZENS OF THE U S
Why are we paying for this evil little twerp’s security? anyone know?
On July 25th a GOP majority House committee approved a bill favored by Kansas GOP Rep. Kevin Yoder. But to say it was approved is not quite accurate, because it was done on a “voice vote”, which is a typical Congressional fraud of assenting to something without anyone having to put a formal vote, for or against, on record. Obviously Yoder is just another wh@re selling out Americans, or actually one of many. Paul Ryan by the way is all for it.
This bill would do away with current law which allows a total of 140,000 green cards to employers, but no more than 7% to any one country. Yoder sees this as “national discrimination” so it completely does away with the country cap. But his solution to this “discrimination” will allow the backlog of at least 300,000 Indian visa workers, plus family members, to move to the head of the line, freezing out the applicants from other nations for years. Sounds like discrimination to the max. It would also triple the number of H2B visas. Another aspect is the well known fact that when Indians take over tech depts. they hire their own.
The bill also forbids AG Sessions to reject claims based on gang violence or domestic abuse. Trump must make it clear he will veto any such thing, even if it means a government shutdown. I don’t think a lot of Republicans would want to be called out for supporting this job killer for Americans. Many say that Trump should stop using Twitter. A stupid idea because it’s the one way he gets his message out.
An interesting development this week. A Ninth Circuit panel refused to quash a lawsuit filed by Trump supporters against the city of San Jose California, which some call the capital of Silicon Valley. Those attending a Trump rally in July 2016 were assaulted and chased by protestors while the police present were ordered to “stand down” by the police chief. Stand down they did, while Trump supporters were bloodied right in front of them. The chief explained his actions by saying he didn’t want to “inflame the situation” as if it hadn’t already passed that point with the protestors actions. Meanwhile Cal. Rep Maxine Waters tells people to gather a crowd and “confront” Trump officials every time they go in public and then claims she’s not encouraging violence. Sounds like a classic case of a civil rights violation.
I’m glad his company’s stock is tanking.
Kate Steinle could have used some of that dough. Where was her ‘personal security’ when a several-times-deported illegal alien shot her dead in cold blood?