Twitter’s new CEO, Parag Agrawal, 2021 net worth is estimated at $ 1.52 million.
Following the resignation of Jack Dorsey on November 29 and the appointment of Parag Agrawal as the new CEO of Twitter, many people have questioned Agrawal’s net worth and compensation.
Agrawal is an Indo-American Twitter employee who has been with the company for over ten years. He previously worked for organizations such as AT & Labs, Microsoft andYes ahoo !, as shown in his LinkedIn profile.
As reported by HITC, Agrawal has used his excellent expertise and skills on Twitter for a long time.
In addition, the new head of Twitter also has a doctorate. in computer science. In fact, while speaking to the company, Jack praised Parag’s work.
Jack Dorsey wrote: “I have decided to quit Twitter because I think the company is ready to leave its founders. My confidence in Parag as CEO of Twitter runs deep. His work over the past 10 years has been transformational. I am deeply grateful for his skills, his heart and his soul. It is time for him to lead.
Moreover, Parag Agrawal was known to be in charge of the Bluesky project.
According to CNBC, Bluesky is a Twitter research project aimed at establishing open and decentralized social media platform standards.
According to Dorsey, Project Bluesky would allow social media companies to collaborate on how posts are marketed to users and give users more choices over what content they see.
More importantly, Bluesky’s goal is also to make it easier for social media platforms to regulate hate speech and other forms of abuse, allowing them to share the burden at a reduced cost.
Jack Dorsey isn’t the first CEO to quit Twitter.
According to The Verge, it was first Jack Dorsey, who ran the company from 2006 to 2008, then from 2015 to today.
Second, there’s also Evan Williams who co-founded Twitter with Dorsey and served as CEO from 2008 to 2010.
Finally, there is Dick Costolo, former COO of Twitter, then CEO from 2010 to 2015.
With this, Parag Agrawal is the fourth person to take the helm of the company.
Also Read: Neuralink Brain Chip, Human Trials, Release Date: What Is Neuralink’s Purpose, Will It Make People Smarter?
According to The US Sun, Parag Agrawal’s net worth in 2021 is estimated to be $ 1.52 million.
However, Agrawal’s actual salary is currently unclear.
On the contrary, Evan Williams, co-founder of Twitter, was paid $ 275,000 in 2018.
With that in mind, it can be assumed that Parag will hit a six-figure income. While he is expected to make a lot of money from this promotion, Dorsey has different intentions with his Twitter salary.
According to Business Insider, in 2015, 2016 and 2017, the former chief executive and co-founder of Twitter denied any compensation and incentives.
Rather than receiving a substantial salary, in 2018 Dorsey refused all pay and benefits except for a salary of $ 1.40.
Twitter’s new CEO Parag Agrawal tweeted: “Deep gratitude to @jack and our entire team, and so much enthusiasm for the future. Here is the note I sent to the company. Thank you all. for your trust and support “.
Deep gratitude for @jack and our whole team, and so much enthusiasm for the future. Here is the note I sent to the company. Thank you all for your trust and support 💙 https://t.co/eNatG1dqH6 pic.twitter.com/liJmTbpYs1
– Parag Agrawal (@paraga) November 29, 2021
He went on to say that he looks forward to continuing everything the company has accomplished under Dorsey’s leadership and that he will continue to improve Twitter.
The new CEO also pledged to deliver “huge value” to both customers and shareholders.
not sure someone heard but,
I quit Twitter pic.twitter.com/G5tUkSSxkl
– jack⚡️ (@jack) November 29, 2021
Related article: Jack Dorsey Net Worth 2021: How Rich Does Dorsey Have After Leaving Twitter?