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Parag Agrawal net worth: This is the fortune of the Twitter CEO

Parag Agrawal is the CEO of Twitter who is under the spotlight of several global media, because after the millionaire purchase of the company by tycoon Elon Muks, he could soon be unemployed.

A decade of promotions

However, the knowledge of this Indian could open doors for him in other markets linked to communication.

Now, the more than $42 million he would receive as severance pay for his dismissal would mean a new start in his career at the age of 37.

Agrawal arrived at Twitter in 2011 with a half-finished PhD, but this allowed him to join the engineering team in charge of ad technologies.

During her career she had worked at Microsoft and Yahoo!, but at Twitter she used the concept called machine learning, one of the most promising artificial intelligence techniques based on data analysis, in this case of millions of users.

This information management, correctly addressed in terms of sponsored ads reaching Twitter users' profiles, allowed the company to obtain millions of dollars in revenue.

Assured assets

Thanks to these results, the skilled Indian first became the social network's chief technology officer and, since November last year, CEO of the company.

Since then, he receives an annual salary of one million dollars, according to documents filed by the company with the Securities and Exchange Commission.

In addition, Agrawal received an annual performance bonus of up to 150% of his salary, which represents another $2.5 million per year.

An interesting fact in his negotiation to take on a challenge of such proportions is that Parag Agrawal practically secured his future and that of his loved ones, as he received shares worth US$12.5 million, which grant him 16 quarterly increments starting February 1, 2022.

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Aldo Pusey

Update: 2024-06-26