In its most recent Securities and Exchange Commission filing, Meta alerted investors of the “risk of serious injury and death” associated with CEO Mark Zuckerberg’s enjoyment of “high-risk activities.”
The warning was initially mentioned under “risk factors” in Meta’s 10-K filing. It is a comprehensive overview of the tech giant’s activities throughout 2023. The 39-year-old CEO is known for engaging in daring hobbies like hydrofoiling and mixed martial art.
Zuckerberg’s enthusiasm for hand-to-hand combat resulted in a torn ACL during a training session last November. He uploaded a picture on Instagram of himself in a hospital bed with a leg brace for support and with his left leg bandaged.
During the pandemic, Zuckerberg began learning Brazilian jiujitsu. He has since posted pictures of his toned body from practice. In May of last year, he took home gold and silver medals at a Brazilian jiu-jitsu event.
Zuckerberg is also an avid surfer. He faced online mockery for a video where he hydrofoils across a lake, holding an American flag to the tune of John Denver’s ‘Take Me Home, Country Roads’ in celebration of Independence Day.
Additionally, reports suggest that he is pursuing a pilot’s license. Based on documents from the Federal Aviation Administration, the father of three received his student pilot certificate in the previous year.
Meta’s recent SEC filing indicates that Zuckerberg has successfully completed the course towards becoming a certified pilot, categorizing his pursuits under “combat sports, extreme sports, and recreational aviation.” The filing explicitly warns that any mishap during his surfing, sparring, or flying activities could have a significant adverse impact on Meta’s operations.
This kind of warning was not included in Meta’s 2022 10-K filing. The reasons behind this cautionary note in the Menlo Park, California-based firm’s latest filing remain unclear but have drawn attention.