Parag Agrawal, the newly appointed CEO of Twitter, is all set to get an annual salary of 1 Million USD! That must make you curious to know Parag Agrawal’s net worth. Have a guess before you scroll down.
Parag Agrawal is the futuristic CEO of Twitter. He confirmed it by saying on his personal account on social media that he wanted to thank the Board of the company for their confidence in his leadership and also admired Jack for his continued mentorship, partnership, and support.
Parag continued by saying he will look forward to establishing everything they have achieved under the guidance of Jack’s leadership. Mr.Aggarwal is incredibly energized for the upcoming opportunities ahead.
He wanted to improve their execution, by continuing to deliver tremendous value to their customers and shareholders as they desire to reshape the future of public conversation.
Agrawal is of Indian descent born in 1984, further went abroad for a higher degree. It is a big achievement and a proud moment for India as another big global IT corporation that will be led by an Indian-origin leader.
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Parag Agrawal Net Worth
| Estimated Net Worth in 2021 | $1.52 million |
| Estimated Net Worth in rupees | 11.4 Crores INR |
| Yearly Salary after promotion | $1 million |
| Yearly Salary in Indian currency | 7.5 Crores rupees |
| Yearly Salary before the promotion | $250k |
Former Technology Executive and New CEO of Twitter Parag Agrawal has a net worth of $1.52 million (i.e. ₹11.4 crores rupees).
38 years old had a salary of $250,000 (i,e. ₹1 crore INR). But after this promotion, he will receive $1 Million annually.
Agrawal’s net worth has been increasing for the past 5 years from $0.5 million to $1.5 million. There are also no particular reports available about his monthly and annual income. Parag Agrawal is not a person who wanted spotlight for his luxury life and high income.
Being Sober doesn’t mean being odd.
More Read: Facebook CEO Mark Zuckerberg net worth in 2021.
Parag Agrawal Career
In October 2017, Twitter announced the appointment of Agrawal as (CTO) chief technology officer following the departure of former chief technology officer Adam Massinger.
In October 2011 Agrawal joined the company as a distinguished software engineer. Before joining Twitter, Parag held leadership positions at Microsoft Research AT&T Labs, and Yahoo! Research. According to the Twitter leadership page, he was responsible for “Twitter’s technical strategy and overseeing machine learning as per his biography and AI across the consumer, revenue, and science teams”.
In December 2019, Agrawal was also in charge of Project Bluesky as announced by the former CEO of Twitter Jack Dorsey that “an independent team of open source architects, engineers, and designers to develop an open and decentralized standard for social media that would help better control abusive and misleading information on its platform”.
In an interview with MIT Technology Review in November 2020, when asked about balancing the protection of free speech as a core value and the endeavor to combat misinformation, Agrawal said that,
Our role is not to be restricted by the First Amendment, but their role is to serve a healthy public conversation and focus less on thinking about free speech, but thinking about how the times have changed.
You may dig out more detail from Parag’s Linkedin profile.
On 29 November 2021, Twitter’s former CEO Jack Dorsey announced that he was resigning from Twitter and that former Technology Executive Agrawal of Twitter would be the new CEO of the company.
Just after the announcement, Agrawal came under criticism for his statement from conservatives for a 2010 tweet saying, “If they are not gonna make a distinction between Muslims and extremists, then why should I distinguish between white people and racists” Agrawal claimed to be quoting Aasif Mandvi during a story on The Daily Show. [3]
Formar CEO Jack Dorsey on Parag
Jack Dorsey wrote on stepping down from his position that he has decided to leave Twitter because he believes the company is ready for progress from its founders.
Dorsey deeply trusts Parag as Twitter’s CEO. Also, Parag has been working for Twitter for over the past 10 years and it has been transformational.
Dorsey is deeply grateful to Parag for adjoining his skill, heart, and soul to the company. It’s Parag’s time to take the lead.
Early Life
| Name | Parag Agrawal |
|---|---|
| Date of Birth | 21st May 1984 |
| Age | 37 Years |
| Height | 1.82 M (6′) |
| Birth Place | Rajasthan, India |
| Parents | Ram Gopal Agrawal (Father), Sashi Agrawal (Mother) |
| Wife | Vineeta Agrawal |
| Son | Ansh |
| Education | B.Tech CSE from IIT B (2005); PhD Stanford (2012) |
Agrawal was born in 1984 in Mumbai, Maharashtra, India. His father was a senior official in the Indian Department of Atomic Energy and his mother is a retired school teacher.
He qualified from the Atomic Energy Central School and was a classmate of India’s famous singer Shreya Ghosal.
Agrawal was an intelligent and outstanding boy even from his school days. He had even won a medal in Turkey for the International Physics Olympiad in 2001.
In 2000 he earned 77th rank in the Joint Entrance Exam. In 2005 at the Indian Institute of Technology Bombay Aggarwal graduated in computer science. Then from Stanford University Aggarwal pursued Ph.D. in computer science and also moved to the United States for the same cause. [2]
In 2011 Agrawal joined Twitter as a distinguished software engineer and in 2017 with his dedication and hard work he became the chief technology officer.
On 29 November 2021, Jack Dorsey announced that he was resigning as CEO of Twitter, and Agrawal is all set to replace him, with an immediate effect.
Personal Life
Parag Agrawal was born in 1984 as an Indian-American technology executive, and from November 2021 is the new (CEO) chief executive officer of Twitter.
He is married to Vineeta Agrawal who is a general partner of a venture capital firm, at Andreessen Horowitz, that leads investments in biology companies, including digital health, therapeutics, and diagnostics.
They also have one son – Ansh. They are currently residing in the city of San Francisco, California, in the United States.
It is not much is known about his lifestyle as there are no relevant sources available to credit his assets and properties as of now. Furthermore, there is no causal information on his social media handle about the same. There are also no reports available about Parag Agrawal’s expensive car collection or other products.
Conclusion
Parag is an Indian-American who has been working for Twitter for the past 10 years. According to his LinkedIn, he has earlier worked with companies like Microsoft, Yahoo!, and AT&T Labs.
For a long time, Parag has been administering his practical knowledge and valuable skillset on Twitter as he has been qualified with a Ph.D. in Computer Science. In fact, Jack even praised Parag’s work while addressing the company.
Well said by Elon, Parag made all of us proud.
It’s not Parag Agrawal’s net worth nor his salary that is inspiring us. Its his journey that will motivate million of younstars in coming days.
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