Corporate spending on CEOs' private jet travel soars 76%: Report
Over half of the 500 largest US companies now pay their CEOs to fly private, despite reducing headcounts to cut costs, WSJ reported. Their collective spending on private air travel has jumped 76.7% since 2020. Meta spent $1.5 million on CEO Mark Zuckerberg's flights last year, while JPMorgan's CEO Jamie Dimon received $293,753 worth of personal travel on company aircraft.