Private Executive Protection
Share
A growing market exists in private security services, particularly for corporate executives and high-net-worth individuals. The industry ranges from large security corporations to specialized personal protection services.
Key Points:
-
Major Players:
- Securitas: $11 billion company
- Allied Universal Security (aus.com): $7 billion company
- Services range from mall security to airport protection
-
Corporate Executive Protection:
- Companies pay for private security for their executives
- Example: Facebook spent $26 million on Zuckerberg's security in one year (6% increase from 2020)
- Amazon spent $6 million on Bezos's security
-
Market Opportunity:
- Growing demand for private security
- Many retired police and military personnel transitioning to private security
- Higher paying than traditional law enforcement roles
- Can be less demanding work than previous roles
-
Service Levels:
- Large-scale corporate security
- Executive protection
- Event security
- Personal security details
- Mall and retail security
-
Industry Structure:
- Large corporations handling major contracts
- Smaller specialized firms for executive protection
- Individual contractors and small teams for specific clients
58:40 - 01:00:13
Full video: 01:10:42SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.