Relative Value Jack Dorsey's net worth of $6.02B can buy ...
Jack Dorsey bagged a $268 million windfall when Elon Musk rescued failing Twitter.
A source told Reuters that Musk has decided on who he plans to appoint as the new chief executive of Twitter , but the source didn't name the person. Twitter's current CEO Parag Agrawal, who took the role after Jack Dorsey stepped down in November, is expected to remain as CEO until the deal is completed.
As the CEO of Twitter, Agrawal is raking in quite the moolah as he is entitled to an annual salary of $1,000,000 and will get restricted stock units (RSUs) worth $12.5 million. He is also entitled to an annual performance bonus of $2.5 million or 150 per cent of his annual salary.
The total net worth of Parag Agarwal is estimated to be $3 Million , which in Indian currency is approximately equal to 22 Crore Indian Rupee (i.e., Twenty Two Crore INR).Apr 26, 2022
Compensation by Company Name And TitleTotal CompensationSundar Pichai Chief Executive Officer, Alphabet and Google, and DirectorTotal Compensation $7,425,547 View detailsRuth M. Porat Senior Vice President, Chief Financial Officer, Alphabet and GoogleTotal Compensation $50,890,683 View detailsAlphabet Inc. Executive Salaries & Other Compensation www1.salary.com › ALPHABET-INC-Executive-Salaries
Dorsey is co-founder of Twitter , the micro-blogging and social media company. The San Francisco-based business has more than 200 million daily users and reported revenue of $5.1 billion in 2021. Dorsey is also the chief executive officer of Block, a mobile-payment company with revenue of $17.7 billion in 2021.
According to the just-released proxy, Dorsey owns 18,042,428 Twitter shares , or 2.4% of the total.Apr 26, 2022
So, if the deal ultimately gets over the line as heavily predicted on Monday by insiders, Mr Dorsey would earn around $860m from his stake in the company.Apr 25, 2022
Based on today's Twitter pricing alone, Agrawal's net worth is at least $26 million, according to regulatory filings compiled by Factset. After Musk bought a 9.2% stake in Twitter earlier this month, he was subsequently appointed to the company's board of directors, accompanied by a grateful-sounding note from Agrawal.