From Berkshire Hathaway to Blackstone, here’s what Wall Street spends to keep CEOs safe

Berkshire Hathaway (BRK.A) provides personal and home security services for its CEO Warren Buffett. Last year, the cost for these services was $313,595.

“Berkshire’s Board of Directors believe that in light of Mr. Buffett’s critical role as Berkshire’s CEO and given that Mr. Buffett spends a significant amount of his time while at home on Berkshire business matters that such costs represent bona fide business expenses,” the company said in its 2024 proxy statement.

Unlike most other CEOs, Buffett does not rely on Berkshire-owned jets for personal use. Instead, he is a fractional NetJets owner, paying standard rates to access private jets for personal travel. He uses Berkshire aircraft for business purposes only, the Omaha-based conglomerate said.

The 94-year-old received $413,595 in total compensation last year, which includes his longstanding annual salary of $100,000.