Tuesday, August 16, 2022

Parag Agrawal Net Worth, Salary, Wiki, and Latest News in 2022

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Parag Agrawal net worth is estimated at $1.6 million. Before becoming the CTO of Twitter, he worked there for two years. Parag has been working with Twitter for 10 years and become chief technology officer most recently. The new Twitter CEO is an Indian-origin software executive with a current Parag Agrawal net worth of $1.6 million.

We’ll tell you everything here you need to know about Parag Agrawal net worth, his biography, education, job history, personal life, awards, philanthropy, and more.

Let’s have a look at Parag Agrawal Net Worth:

Growth of Parag Agrawal Net Worth

Parag Agrawal was named Twitter CEO on November 29, 2021. He works as a software developer. Parag Agrawal net worth is expected to be $1.5 million in 2021. But PeopleAI estimates Parag Agrawal net worth is around 1.6 million as of 2022.

His annual salary is a $1 million, as well as bonuses and $12.5 million in restricted stock units. Working for Twitter and other prominent firms such as Yahoo and Microsoft are among his key sources of income. Prior to becoming CEO, his annual income was roughly $250,000.

Name Parag Agarwal
Parag Agarwal Net Worth (2022) $1.6 Million
Net Worth In Indian Rupees Rs. 15 Crore INR
Profession CEO of Twitter
Monthly Income And Salary $80,000 +
yearly Income $1 Million +
Last Updated 2022

Parag Agrawal Career

Parag Agrawal, a former student who had interned at Microsoft, AT&T, and Yahoo, joined Twitter in 2011. Parag Agrawal began his career working on advertising-related items. Later, he turned his attention to artificial intelligence. On March 8, 2018, Parag Agrawal was named Twitter’s CTO.

His early work as CTO included employing artificial intelligence to improve the relevance of tweets in the Twitter timeline.

Parag Agrawal, who has been with Twitter for ten years, has been named its new CEO. Parag Agrawal started working as a researcher for different organizations, including Microsoft, in June 2006 and departed in September 2006. Between June 2007 to September 2008, he worked for Yahoo as a research associate. He became a Twitter user in 2011.

He was hired as a software engineer, to begin with. Parag Agrawal has been named Twitter’s new chief technical officer as a result of Adam Massinger’s resignation. In 2019, he served as the project manager for the BlueSky initiative.

Parag Agrawal, the Chief Technology Officer, was in charge of the machine learning and artificial intelligence teams across the consumer, scientific, and revenue divisions. On November 29, 2021, Jack Dorsey, Twitter’s former CEO, announced his resignation and replaced him with Parag Agrawal. Parag Agrawal net worth reaches $1.6 million as of 2021.

Following Jack Dorsey’s departure on November 29, 2021 and Parag Agrawal’s appointment as Twitter’s new CEO, many people have inquired about Parag Agrawal net worth and salary.

How Does Parag Agrawal Become Twitter CEO?

Agrawal has worked at Twitter for almost ten years and is an Indian-American. According to his LinkedIn profile, he has previously worked with AT&Labs, Microsoft, and Yahoo!

According to HITC, Agrawal has been utilizing Twitter for a long time to demonstrate his great experience and skill set. The next Twitter executive also holds a Ph.D. in Computer Science. While speaking with the corporation, Jack praised Parag’s efforts.

According to Jack Dorsey: “Because I believe Twitter is ready to move on from its founders, I’ve decided to leave. As Twitter’s CEO, I have a lot of faith in him. His work has had a profound impact during the past ten years. I appreciate his talent, heart, and soul. It is now his turn to take the reins.”

Parag Agrawal was also responsible for the Bluesky project. Bluesky is a Twitter research project, according to CNBC, that aims to create open and decentralized social media platform standards. Thus, through his successful career Parag Agrawal net worth stands at $1.6 million.

The Bluesky project, according to Dorsey, will allow social media companies to collaborate on how postings are promoted to users and will give consumers more control over what they see.

Bluesky’s goal, moreover, is to make it easier for social media platforms to police hate speech and other forms of abuse, allowing them to share the responsibility at a lower cost.

Jack Dorsey, the CEO of Twitter, isn’t the first to resign. According to The Verge, Jack Dorsey was the company’s original CEO, serving from 2006 to 2008 and then again from 2015 until his departure. Second, Evan Williams, who co-founded Twitter with Dorsey and served as its CEO from 2008 to 2010, is a notable figure. Finally, there’s Dick Costolo, who served as Twitter’s COO before becoming CEO from 2010 to 2015.

As a result, Parag Agrawal has become the company’s fourth president.

Parag Agrawal Net Worth 2022

Parag Agrawal net worth is expected to reach $1.6 million in 2022, according to The United States Sun. However, Agrawal’s exact remuneration is now unknown. On the other hand, Twitter co-founder Evan Williams got paid $275,000 in 2018.

Given this, it’s reasonable to expect Parag to earn a six-figure salary. Despite the fact that he is expecting to gain a lot of money as a result of this promotion, Dorsey has different plans for his Twitter compensation.

According to Business Insider, the former Twitter executive and co-founder rejected any compensation and incentives in 2015, 2016, and 2017.

In 2018, Dorsey declined all wages and benefits except a $1.40 salary, rather than accepting a high salary.

Parag Agrawal’s entire net worth is estimated to be $1.6 million, which is roughly equivalent to 15 crore Indian rupees in Indian currency (i.e., Fifteen Crore INR). As the next Twitter CEO, he will receive a $1 million annual salary plus a bonus, as well as $12.5 million in restricted stock units (RSUs) that would vest in 16 equal quarterly increments beginning February 1, 2022.

Biography of Parag Agrawal

Parag Agrawal was born in Mumbai, Maharashtra, India, in the year 1984. Parag is now 37 years old. Parag Agrawal will succeed Jack Dorsey as the new CEO of Twitter. He graduated from the Indian Institute of Technology, Bombay (B.Tech) and Stanford University after finishing his education at his birthplace (MS, Ph.D.).

According to PeopleAI, as a member of Twitter team since 2011, Parag Agrawal net worth will increase by $1.6 million.

According to his LinkedIn biography, Agrawal started his career at Twitter as a Distinguished Software Engineer, a role he held for six years before being promoted to CTO in 2017. Before joining Twitter, Agrawal worked in research at Microsoft, Yahoo!, and AT&T.

In 2012, he received his Doctor of Philosophy in Computer Science from Stanford University. Agrawal studied at the Indian Institute of Technology in Mumbai before coming to Stanford. Agrawal was born in India and now lives in San Francisco, California.

Education of Parag Agrawal

Parag Agrawal is an IIT Mumbai graduate. For the past ten years, Parag Agrawal has worked for Twitter associated since 2011. Before becoming the CEO of Twitter, he served as the company’s CTO. Parag Agrawal was named CTO of Twitter in 2017. Before joining Twitter, Parag Aggarwal worked for a number of large corporations, including Yahoo and Microsoft.

When Parag Agrawal joined the microblogging service Twitter, the company had fewer than 1,000 workers.

Parag Agrawal was a talented student who completed his schooling at the Atomic Energy Central School in Mumbai, passed the AIEEE exam, went on to study B. Tech Computer Science at IIT Bombay, and then completed his Ph.D. in Computer Science at Stanford University. Parag Agrawal began his career as a researcher at Microsoft in 2006 and has since worked at Yahoo. Parag Agrawal joined Twitter in 2011 and was promoted to Chief Technology Officer in 2017. He has been a part of the firm for the past ten years. Based on his education life, Parag Agrawal built his career in technology sector and now he has become Twitter CEO and above all Parag Agrawal net worth rises to $1.6 million.

Childhood and Family

Parag Agrawal was born in India to Indian parents Vineeta Agarwala is Parag Agrawal’s wife’s name. Anaamika Agrawal is Parag Agrawal’s daughter from his marriage to Vineeta Agarwala.

Parag Agrawal is a person of Indian ancestry. He was born in the Maharashtra state of India. His father was a prominent officer in the Indian Department of Atomic Energy, and his mother is a retired teacher. He also has a sibling, however, the names of his family members are unknown.

After completing his formal education in Mumbai, he enrolled at the prestigious Indian Institute of Technology (IIT) in Bombay. He has always been an excellent student who has had a strong interest in technology since he was a child. He eventually relocated to the United States to obtain a Ph.D. in computer science at Stanford University.

Parag Agrawal Wife

Parag is married to Vineeta Agarwala. They live in San Francisco, California, with their daughter Anamika. Vineeta is a physician and adjunct clinical professor at Stanford School of Medicine, according to her Twitter page.

She also contributes to Andreessen Horowitz, a venture capital firm that bills itself as a “platform” that “connects entrepreneurs, investors, executives, engineers, academics, industry experts, and others in the technology ecosystem.”

Vineeta holds a BS in biophysics from Stanford University, as well as MD and PhD degrees from Harvard Medical School/MIT, according to her website profile.

Parag Agrawal Child

Parag and Vineeta have a daughter named Anamika Agrawal. There are no other details about Anamika available on the internet.

What’s latest about Parag Agrawal?

After Elon Musk bought Twitter, people have started to wonder what will happen to the company’s CEO, Parag Agarwal. Media reports say that after selling Twitter, Parag has told employees that the future of Twitter is uncertain with Elon Musk in charge. No one knows where the company is going at this point.

In November 2021, Parag took over as CEO of Twitter. According to the report from the research firm, if the company fires Parag before 12 months, it will have to pay him $42 million, which is about Rs 321 crore. Only 5 months have passed since Parag took over as CEO of the company. After Jack Dorsey quit in November, he was named CEO. You can tell us what you think in the comment box about his remaining as Twitter CEO.

Parag Agrawal Achievements

Since joining Twitter in 2011, Parag Agrawal has led efforts to scale Twitter Ads infrastructure and re-accelerate user growth by enhancing home timeline relevance. Before joining Twitter, he worked on large-scale data management research with collaborators at Microsoft Research, Yahoo! Research, and AT&T Labs. Parag Agrawal net worth came to $1.5 million through his all of success in his life.

Inquisitive, insightful, rational, innovative, demanding, self-aware, and humble were some of Dorsey’s adjectives about Agrawal. Twitter’s shares jumped about 5% after Jack Dorsey announced his decision to step down as CEO. The stock has more than doubled in value since its IPO in 2016, but the last year has been difficult.

After Appointment as Twitter CEO, What did Parag Agrawal Say?  

Parag Agrawal, after his appointment as new CEO, tweeted: “We owe a huge debt of gratitude to @jack and the rest of our team, and we’re very excited about the future. The note I submitted to the company is included. Thank you for your confidence and support.”

He went on to say that he is excited to build on everything the firm has accomplished under Dorsey’s leadership and that Twitter will continue to improve.

The CEO also promised to provide “tremendous value” to both customers and shareholders. Like this way, Parag Agrawal net worth of $1.6 million achieved by him.

Why did Jack Dorsey resign as Twitter’s CEO?

Dorsey outlines his decision to leave Twitter in an email to the company, which was later screenshotted and uploaded on the website.

He wrote, “There’s a lot of talk about how important it is for a company to be ‘founder-led.’

“In the end, I believe that’s a significant limitation and a single point of failure. I’ve put in a lot of effort to ensure that this company can break free from its founders.”

He went on to explain that Parag Agrawal has been involved in every major decision made at Twitter in recent years. Bret Taylor has agreed to become the Chairman of the Board of Twitter, according to Dorsey.

“On behalf of the Board, I’d want to thank Jack for his visionary leadership and unwavering commitment to Twitter since its inception,” Taylor said of his new role.

“Jack returned to Twitter and saved the company at a critical juncture. Since then, the growth has been nothing short of amazing. Jack has left the world with something priceless, and we shall continue to carry it on.”

Dorsey is also an executive at Square, his digital payment business, and was asked by Elliott Management founder Paul Singer to step down as CEO of one of the companies.

Parag Agrawal: 5 Things to Know

  1. Parag Agrawal has been a Twitter employee for almost a decade. He began his career at Twitter as a Distinguished Software Engineer before rising to the position of Chief Technology Officer.
  2. As CTO, Parag was responsible for “overseeing machine learning and AI across the consumer, revenue, and science departments” as well as “Twitter’s technical strategy.”
  3. Prior to joining Twitter, Parag Agrawal held positions at Microsoft, Yahoo, and AT&T Labs.
  4. Parag Agrawal earned his bachelor’s degree in computer science and engineering from IIT Bombay and his doctorate from Stanford University.
  5. According to PeopleAI, Parag Agrawal net worth is estimated around $1.6 million.

Twitter’s Bluesky endeavor, led by Parag Agrawal, was aimed at creating an open and decentralized social media standard.

Dorsey has a strong recommendation for Parag Agrawal. “After a thorough review of all choices, the board unanimously appointed Parag. Given how well he knows the organization and its needs, he’s been my first pick for a long time. Parag has been at the helm of every major decision that has aided in the turnaround of this organization. He’s inquisitive, perceptive, logical, imaginative, demanding, self-aware, and humble. He is someone I learn from on a regular basis because he leads with his heart and soul. “I have complete faith in him as our CEO,” Dorsey wrote in an email.

Parag was at top of Google Search after Appointed as Twitter CEO

While the “twitter new CEO” question appears to be standard, the rest of the questions reflect what the majority of Indians worry about. “Parag Agrawal wife,” “Parag Agrawal IIT rank,” and “Parag Agrawal wife” were among the top searches. Yeah, the last one made us laugh as well. This one was most likely inspired by IIT students concerned about their financial worth in a few years.

Several Twitter users named Agrawal in their tweets, urging that the edit button be added immediately or that persons with blue verification badges be assisted. Some of them even demanded that their number of followers be increased. The craziest of them even contacted his wife, begging that she deliver their message. After becoming twitter CEO, readers started to search in Google about Parag Agrawal net worth and his biography, his wife, family.

While a large portion of the Internet went insane with insults and silly questions, many others praised the Indian-origin CEO on his promotions. Agrawal has been a part of the Twitter team for almost ten years, starting off as an engineer. Agrawal joins an elite group of Indian-origin CEOs of the world’s most powerful IT companies: Microsoft’s Satya Nadella and Google’s Sundar Pichai.

After ex-CEO Jack Dorsey shared his resignation letter on a personal tweet, the news came as a shock to many. Dorsey, the creator of Twitter Inc, stated that the moment had come for the firm to thrive without the vision of its founder. He’ll stay on the board for a while to help with the power and responsibility shift. So, currently, the readers will come to know here the details of Parag Agrawal net worth, his biography, and more.

Frequently Asked Questions (FAQs)

What is Parag Agrawal Salary?

The salary of Parag Agrawal has not been made public.

What is Parag Agrawal net worth?

Parag Agrawal net worth is estimated to be $1.6 million.

What’s Nationality of Parag Agrawal?

Parag Agrawal is an Indian-American who lives in the United States.

Who is Parag Agrawal?

Parag Agrawal has been named the next CEO of Twitter.

What is Parag Agrawal’s age?

Parag Agrawal is currently 38 years old (1984).

What would be Parag Agrawal net worth in 2022?

Parag Agrawal net worth is estimated to be at $1.6 million (Rs. 15 Crores) as of 2022.

What is Parag Agrawal’s annual salary?

Parag Agrawal’s annual income is reported to be in the millions of dollars.

What is Parag Agrawal’s wife’s name?

Vineeta Agarwala is the name of Parag’s wife.

How much does Parag Agrawal make?

Approximately $1.6 million each year.

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