Large tech groups including Meta, Alphabet and Nvidia have significantly increased their spending on personal security as tech bosses play an ever more public role in US politics and confront hostility towards corporate executives.
The security budgets for the CEOs of 10 big tech companies analysed by the Financial Times rose to more than $45mn in 2024. Alphabet, Amazon, Meta, Nvidia, and Palantir all increased their protection budget by more than 10 per cent year on year.
Security experts say the spending and concern around threats to tech bosses has only increased this year after high-profile attacks in the US targeting corporate executives.
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