Parag Agarwal is a Technology executive who has a net worth of $45 million in 2022. He is one of the well-known personalities around the world.
|Net Worth||$45 Million (Rs. 370 Crore INR)|
|Date of Birth||1984|
|Height||6feet 0inch ; Meters – 1.82 m ; Centimeters – 182 cm|
Parag Agarwal Biography
Parag Agrawal is trending on Google due to his recent success with the keyword Parag Agrawal Biography and now Parag Agrawal has been named the Chief Executive Officer (CEO) of Twitter. Read Here Parag Agarwal’s Net worth, Wiki, Biography, age, wife, height, weight, and more information can be checked in this article.
Twitter’s new CEO was announced on 29 November 2021. Parag Agarwal has been working for Twitter for the last 10 years. Earlier he was identified as CTO. After Twitter co-founder Jack Dorsey stepped down as CEO, Indian-origin Parag Agrawal has been appointed as Twitter’s new CEO.
Parag Agarwal Education
Parag Agrawal’s name has been added to the list of people of Indian origin who have achieved remarkable success in a short time. From his childhood to his college and education, Parag Agrawal’s life story is the hot topic of millions! Parag Agrawal’s journey from a quaint town in Rajasthan to heading a billion-dollar company is truly awe-inspiring and life-changing. At 37 age Parag Agrawal is the youngest CEO of any S&P 500 firm.
Parag Agarwal Jurney
Parag Agarwal is an acclaimed Indian-American and the successful CEO of Twitter. In his professional life, the company was founded by Twitter in 2011, as a highly respected software engineer. Later, thanks to his tireless efforts in the field, Parag Agarwal was appointed Chief Technology Officer in 2017. On 29 November 2021, Twitter Chief Executive Officer Jack Dorsey announced that he would be stepping down as Twitter CEO. Parag Agrawal immediately took his place.
Parag Agarwal Education
Parag Agrawal is a graduate of the Central School of Atomic Energy. After this, Parag Agrawal completed his engineering studies at IIT Bombay. Parag Agrawal later earned his doctorate at Stanford University. While at Stanford, He also interned at Microsoft, Yahoo, and AT&T Labs.
Parag Agarwal Early Life
Parag Agarwal had completed his Graduation from IIT Bombay and went to the USA.. Parag Agarwal started his career working as a researcher at Microsoft.. Parag Agarwal had also worked at Microsoft, Yahoo, and AT&T before Twitter.. Parag Agarwal’s Net Worth is estimated at around $1.55 Million.. Parag Agarwal also has a daughter named Anamika Agarwal.. Parag Agarwal started his career at Twitter as a software engineer in 2011.
Parag Agarwal Career
Parag Agarwal, who worked with companies like Microsoft, AT&T, and Yahoo as a student, started working at Twitter in 2011. Initially, Parag Aggarwal started working on advertising-related products. Later he started working on artificial intelligence. On 8 March 2018, Twitter selected Parag Agarwal to serve as CTO.
Parag Agarwal’s early work as CTO was devoted to increasing the relevance of tweets on the Twitter timeline through the use of artificial intelligence. Just 10 years after joining Twitter, He is the new CEO of Twitter.
Elon Musk fires Twitter CEO Parag Agrawal
This year 2022 is witness to many big events. While the war between Russia and Ukraine caused turmoil around the world, the deal between the world’s richest man Elon Musk and the microblogging site Twitter (Elon Musk-Twitter Deal) ) was also very much discussed. However, after many ups and downs, finally, on October 28, the command of Twitter came completely in the hands of Musk. First of all, lightning fell on Parag Agarwal, the company’s CEO, but you know what was the tension between Musk and Agarwal?
Parag Aggarwal had taunted like this: Indian-origin Parag Agarwal, who was kicked out of Twitter, has been very vocal against Musk from the beginning. Musk had been in a tussle with the company’s CEO Parag Agarwal ever since he bid for Twitter. After Elon Musk offered to buy Twitter, Parag Aggarwal made many such statements, which clearly exposed the tension between the two. Let us tell you that Parag Agarwal told the employees in the town hall soon after the announcement of the deal, ‘The future of the company is now in the dark, I do not know in which direction it will go.’
Since this statement of Parag Agarwal, speculations were being made whether he would be discharged from Twitter? Something similar happened on Friday, October 28, 2022, finally Elon Musk completed the Twitter deal and as soon as he came into action mode, Parag Agarwal was first shown the way out. Along with him, the company’s Chief Financial Officer (CFO) Ned Segal has also been sacked. Apart from this, Vijaya Gadde, head of the Department of Legal Policy, Trust and Safety, has also been fired.
Parag Agarwal of Indian origin became the CEO of Twitter in December 2021 only last year. Agarwal joined Twitter as a software engineer about 10 years ago and became the company’s chief technology officer in 2017. After this, Parag Agarwal was made the CEO of the company after the resignation of Jack Dorsey, but as soon as he became CEO, Elon Musk offered to buy Twitter and within a year Parag Aggarwal was discharged from the company.
Elon Musk made this big allegation
Even after the announcement of the cancellation of the Twitter deal by Elon Musk, Parag Agarwal came out in the open and he took many taunts on Musk in a cheeky manner. On the other hand, Elon Musk, who became the new boss of Twitter, had accused Parag Agarwal of misleading other senior executives and investors of Twitter, including Parag Agarwal, about the number of fake accounts on the social media platform. Musk had a deadline of October 27, 2022 to buy Twitter for $44 billion or face a court trial.
These ups and downs came in the Twitter deal
- April 4, 2022: Musk bought a 9.2 percent stake in Twitter and became the company’s largest shareholder.
- April 5, 2022: Being the largest shareholder, Elon Musk was offered a place on the Twitter board with conditions.
- 11 April 2022: Twitter CEO Parag Agarwal shared the information and said that Elon Musk will not join the Twitter board.
- April 13, 2022: Elon Musk wrote a letter to the board and offered $ 44 billion to buy Twitter.
- April 15, 2022: To avoid Twitter takeover by Musk, the company announces poison pill.
- July 8, 2022: Musk announces breaking the deal, saying that he does not give accurate information about spam bots.
- July 12, 2022: Twitter appeals against Elon Musk in Delaware court after withdrawing from the deal.
Elon Musk’s $44 billion deal finally completed; Parag Agrawal Got Fired
Amidst all this development, the Delaware Court gave Elon Musk a deadline of October 27 to finalize the $ 44 billion Twitter deal on the basis of existing terms. In the midst of an ongoing tussle over the purchase of Twitter for the past six months, Musk had received an order from the court to finalize the deal on the current terms, or else he would have to go through a full trial.
Along with this, in a tweet on Friday from his Twitter account, Elon Musk said, ‘The bird has become free.’
Parag Agarwal Net Worth in 2023
The world’s richest man Elon Musk bought Twitter for $44 billion (Rs 3.62 lakh crore). As soon as he took control of the company, he fired Indian-born CEO Parag Agarwal, policy chief Vijay Gadde, chief financial officer Ned Siegel, and general counsel Sean Agate. After this Kasturi tweeted, ‘The bird is free.’ Parag Agarwal’s Net Worth and Salary details in this page.
Parag Agarwal Net Worth Growth
Here the Parag Agarwal Net worth Growth;
|Net Worth in 2023||$45 Million|
|Net Worth in 2022||$20 Million|
|Net Worth in 2021||$19 Million|
|Net Worth in 2020||$17 Million|
|Net Worth in 2019||$16 Million|
|Net Worth in 2018||$15 Million|
|Net Worth in 2017||$15 Million|
Parag Agarwal Salary
The estimate includes one year’s worth of Parag’s base salary and accelerated vesting of all equity awards. In 2021, Agrawal’s total compensation as chief technology officer was $30.4 million, according to Twitter’s proxy. As CEO, Agrawal’s salary is reported to be $1 million annually.
Parag Agarwal Income
Parag Agrawal, who was previously Twitter’s Chief Technology Officer (CTO), was appointed CEO in November last year. His total compensation in 2021 was $30.4 million, mostly in stock awards. An IIT Bombay and Stanford alumnus, he joined Twitter a decade ago when the company had fewer than 1,000 employees.
Parag Agarwal House
Fired Twitter CEO Parag Agarwal takes home $38.7 million as payout. Parag Agarwal House is located in Ajmer, Rajasthan, India.
Parag Agarwal Net Worth 2023 FAQ
Parag Agarwal‘s net worth is around $45 Million.
Parag Agarwal‘s Salary is around $1 million annually
Parag Agarwal’s age is 38 years as of 2022.
Parag Agarwal’s height is 1.83m. (6’ 0”).