Twitter CEO Parag Agrawal net worth is $2 Million. He became the CEO of Twitter in the year 2021 and he is one of the few Indians who became CEO of multi-national companies. Twitter is a social media and microblogging platform where users can post messages in the form of Tweets. Parag Agrawal was succeeded as the CEO of Twitter by Billionaire Elon Musk after he bought the company. Let us have a detailed look at Parag Agrawal net worth growth in the last few years and what are his income details.
But before that, let us have some brief information about him.
Parag Agrawal Net Worth, Income Details, Family, and Career Highlights
Brief Information about Parag Agrawal
|Date of Birth||21 May 1984|
|Place of Birth||Ajmer, Rajasthan|
|Father||Ram Gopal Agrawal|
|Children||Ansh Agrawal (Son)|
|Succeeded By||Elon Musk|
|Net Worth||$3 Million USD|
|Net Worth in Rupees||₹24 Crore INR|
Parag Agrawal is a software engineer and the former CEO of Twitter. He succeeded Jack Dorsey as the CEO of the company on 29 November 2021. But he was later sacked and succeeded by Billionaire Elon Musk after he acquired Twitter for $44 Billion USD. Parag Agrawal got paid a massive amount as severance pay after he was fired as the CEO of the company.
Parag Agrawal was born on 21 May 1984 in Ajmer, India. He is 38 years old as of 2021. Parag Agrawal’s father’s name is Ram Gopal Agrawal and his mother’s name is Shashi Agrawal. Parag Agrawal’s father worked in the Department of Atomic Energy while his mother was an Economics professor at the Veermata Jeejabhai Technical Institute in Mumbai.
Parag Agrawal got married to his wife Vineeta Agrawal in 2016. Parag Agrawal’s wife Vineeta Agrawal is a renowned scientist and doctor who is currently working as a partner in the venture capital firm Andreessen Horowitz. Together they have a son named Ansh Agrawal who was born on 26 November 2018.
Famous Indian singer Shreya Ghosal was a classmate of Parag Agrawal. Shreya Ghosal and Parag Agrawal studied together at the Atomic Energy Central School in Mumbai.
Parag Agrawal net worth is $3 Million USD which is approximately ₹24 Crore INR and he was one of the highest-paid Indian CEOs. Parag Agrawal became the CEO of Twitter in the year 2021 succeeding the former CEO and co-founder Jack Dorsey. As the CEO of Twitter, his annual salary is $1 Million and he also owns stock worth $12.5 Million. Before he became the CEO of the company, he was the CTO of Twitter. Both positions in the company gave him enough wealth to have millions of dollars in net worth.
Even after he was fired from the position of CEO of Twitter by Elon Musk, Parag Agrawal’s net worth increased majorly. Let us have a look at how Parag Agrawal net worth increased over the past few years and what is his income details.
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Parag Agrawal Net Worth and Income Details
As mentioned earlier, Parag Agrawal net worth has increased up to $3 Million USD or ₹24 Crore INR in 2021. The main reason behind the growth in his personal fortune is because of the position he holds on Twitter. When he was the CEO of Twitter, he had annual compensation of millions which increased his net worth in the past few years. Here is how Parag Agrawal net worth grew over the years.
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Parag Agrawal Net Worth Growth
|Year||Net Worth in USD||Net Worth in INR|
|2021||$2 Million USD||₹24 Crore INR|
|2020||$2 Million USD||₹16.3 Crore INR|
|2019||$1 Million USD||₹8 Crore INR|
|2018||$900,000 USD||₹7 Crore INR|
|2017||$800,000 USD||₹6.5 Crore INR|
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Parag Agrawal Salary and Income Details
As we all know, CEOs of top companies get paid a big amount for their services. Parag Agrawal was also one of the highest-paid CEOs in the world. As the former CEO of Twitter, Parag Agrawal’s annual salary was a whopping amount of $2 Million per year. But before becoming the CEO of Twitter, Parag Agrawal was the CTO of Twitter and he was getting paid around $200,000 as of the CTO of Twitter.
In the year 2021, Parag Agrawal was promoted to the position of CEO of Twitter. As the CEO of Twitter, he was getting paid $150,000 USD per month which comes to a total of $2 Million USD annually.
Just like Sundar Pichai, Satya Nadella, and Shantanu Narayan, Parag Agrawal is one of the Indians who is leading a foreign multinational company.
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Parag Agrawal on Social Media
Parag Agrawal Career Highlights
Parag Agrawal got his BTech Degree in Computer Science and Engineering from IIT Bombay in 2005. After completing his BTech Degree, he went to the United States for further studies.
After moving to the United States, he pursued Ph.D. in Computer Science at Stanford University under the guidance of his mentor Jennifer Widom who is a professor of Computer Science at Stanford University.
After completing his Ph.D. at Stanford University, Parag Agrawal worked as an intern at Microsoft and Yahoo.
Parag Agrawal joined Twitter in the year 2011.
After working for some years at Twitter, he was promoted to the position of Chief Technology Officer (CTO) after the departure of Adam Messinger who was the CTO before him.
In 2019, Parag Agrawal became the project head of Project Bluesky announced by the former CEO and co-founder Jack Dorsey.
Two years later in 2021, Parag Agrawal became the CEO of Twitter after the former CEO Jack Dorsey resigned from his position as the CEO. Parag Agrawal became the 4th person to take over the position of CEO after Jack Dorsey, Evan Williams, and Dick Costolo.
In 2022, Twitter was acquired by Elon Musk for $44 Billion USD and after the completion of the acquisition on 27 October 2022, Parag Agrawal was fired as the CEO of the company. Elon Musk became the CEO of the company after Parag Agrawal’s departure.
Parag Agrawal was one of the very few Indians like Satya Nadella, Sundar Pichai, Shantanu Narayan, Arvind Krishna, etc. who was leading a foreign multinational company.
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Common FAQs about Parag Agrawal
What is the net worth of Parag Agrawal?
Parag Agrawal net worth is $3 Million USD which is approximately ₹24 Crore INR in 2021. It is estimated that Parag Agrawal net worth might increase majorly up to $38 Million USD by the end of 2022 after he gets his final severance pay from Elon Musk.
What happened with Parag Agrawal?
Parag Agrawal was fired by Elon Musk from the position of CEO after he bought the social media platform.
Why did Musk fire Twitter CEO?
Musk fired Twitter CEO and other top executive officers because they gave him misleading information about the number of fake accounts on the platform.
How old is Parag Agrawal?
Parag Agrawal is 38 years old as of 2022.
What does Parag Agrawal wife do?
Parag Agrawal’s wife Vineeta Agrawal is an adjunct clinical professor in the Division of Primary Care and Population Health at Stanford University.
What is Parag Agarwal’s salary?
As a CEO, Parag Agrawal’s annual compensation was more than $30 Million USD.
Is Parag Agrawal rich?
Yes. Parag Agrawal net worth of more than $3 Million USD in 2021, makes him one of the richest Indian business executives.