Twitter’s newly appointed CEO Parag Agrawal has an estimated net worth of $1.52 million in 2022 as reported by People AI.
After Jack Dorsey quit as the Twitter CEO in November 2021, Parag Agrawal was appointed as Twitter’s new chief executive officer. More people are curious to know how much money Parag Agrawal has and what his compensation is.
There is not much known about Parag Agrawal yet, but we have gathered some information about the new CEO of Twitter and his net worth and sources of income.
Let’s read further to find about Parag Agrawal’s net worth and other details.
Who is Parag Agrawal?
Parag Agarwal is an Indian-origin tech executive who has been named CEO of Twitter. In fact, he is the youngest CEO of an S&P500 company.
Parag completed his schooling in Mumbai.
He went on to join IIT (Bombay) and completed his graduation there. Later,e he completed his PhD. in computer science from Stanford University.
Parag joined the elite list of Indian CEOs in various billion-dollar enterprises like Shantanu Narayen (Adobe.com), Sundar Pichai (Google.com), Satya Nadella (Microsoft), Rangarajan Raghuram (VMware) and many.
Soon after graduation in 2006, Parag Agrawal began working as a researcher. He worked for Microsoft and left in 2006.
He also was a research associate at Yahoo between 2007 and 2008.
In 2011, Parag Agrawal started working for Twitter. He had worked at many other companies before, as Microsoft and AT&T. At first he was working on ad-related products.
Parag’s initial role was as a software engineer. After Adam Massinger’s resignation, Parag Agrawal was appointed the new chief technology officer of Twitter.
On 8th March 2018, he became the Chief Technology Officer of Twitter. He supervised the machine learning and artificial intelligence teams in different divisions of Twitter.
As a CTO, he planned to use artificial intelligence to make tweets more relevant in users’ timelines.
In 2019, the future Twitter CEO was given the responsibility of heading the operation Bluesky project.
Parag Agrawal Achievements
As reported by HITC, Parag Agrawal has been using his skills on Twitter for a long time.
Praga Agrawal helped Twitter get better. He was able to scale the Twitter ads infrastructure and make it so that people use Twitter more often.
He also worked on research about data management with other people at Yahoo! Research, Microsoft Research, and AT&T Labs before coming to Twitter.
Agrawal was described by Jack Dorsey as inquisitive, perceptive, reasonable, creative, demanding, self-aware, and humble.
What is Parag’s Annual Salary & Income?
No. There are no other sources of Parag’s income yet. Over the years, his net worth has increased there is no such revelation about the annual salary that Parag Agrawal is going to get.
According to some sources, Evan Williams, the co-founder of Twitter, received $275,000 in 2018.
With this information, it is safe to say that Parag will also make at least a 6-figure income in his current position.
But Jack Dorsey has denied all the compensation and benefits according to Business Insider.
It says, “CEO Compensation of $1.40. As a testament to his commitment to and belief in Twitter’s long-term value creation potential, our CEO, Jack Dorsey, declined all compensation and benefits for 2015, 2016 and 2017, and in 2018 he declined all compensation and benefits other than a salary of $1.40.”
The History of Twitter CEOs
Parag Agrawal is the fourth person to take the reign of the microblogging social media platform.
First, there was Jack Dorsey, who led the company from 2006-2008. Then there is Evan Williams, who co-founded Twitter with Dorsey and served as CEO from 2008-2010.
Deep gratitude for @jack and our entire team, and so much excitement for the future. Here’s 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
Lastly, there is Dick Costolo, who was Twitter’s former COO and then served as CEO from 2010-2015.
Parag Agrawal After Being Appointed As Twitter CEO
Parag Agrawal after being appointed as the new CEO of Twitter expressed his gratitude towards the company and the ex-Twitter CEO and Founder, Jack Dorsey.
The tweet said, “Deep gratitude for @jack and our entire team, and so much excitement for the future. Here’s the note I sent to the company. Thank you all for your trust and support.”
Conclusion: Parag Agrawal Net Worth 2022
In an age where technology is rapidly changing, Parag Agrawal’s dedication to the company and his steadfastness in ensuring that Twitter continues its success makes him a valuable asset.
He has been working at Twitter for over 10 years now and it seems as if he will be around for much longer. With so many accolades under his belt already, we can’t wait to see what else the CEO of Twitter does with this new responsibility.
In the coming years, Parag Agrawal net worth will likely be increased further.