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Parag Agrawal Net Worth: How Rich Is Twitter’s New CEO

Published

3 years ago

November 30, 2021

Parag Agarwal is an Indian-origin tech executive who has been named CEO of Twitter has currently a net worth of $2 million. He worked at Twitter for two years before he became its CTO. On November 21st, 2019, the then-CEO of Twitter, Jack Dorsey announced his retirement from Twitter and named Parag Agrawal as the new CEO of Twitter. He was born in India and is 40 years old in 2022.

Parag is all ready for his new position. In today’s post, we’re going to tell you everything there is to know about Parag Agarwal, including his wealth, background, education, career history, personal life, awards, philanthropy, and more.

Let’s take a look at his net worth.

Photo of Parag Agrawal's face. — Image Credit: bbc.com

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Parag Agrawal Net Worth

Net Worth:	$2 Million
Age:	40 Years Old
Country:	India
Born:	1984
Salary:	$250,000
Last Updated:	2022

Parag Agrawal Net Worth Growth

Net Worth in 2021	$1.5 Million
Net Worth in 2020	$1.3 Million
Net Worth in 2019	$1 Million
Net Worth in 2018	$0.7 Million
Net Worth in 2017	$0.5 Million

As of 29 November 2021, Parag Agrawal became Twitter’s new CEO. He is a software engineer. In 2022, Agrawal’s net worth was estimated to be $2 million.

An annual salary of $1 million will be paid to him, along with bonuses and restricted stock units valued at $12.5 million.

Some of his primary sources of income include working with Twitter and other reputable companies such as Yahoo and Microsoft.

His annual salary before becoming CEO was around $250,000.

Career

Parag Agrawal in front of a twitter background. — Image Credit: theverge.com

In 2011, Parag Agrawal, who had worked with companies such as Microsoft, AT&T, and Yahoo as a student, joined Twitter. At first, Parag Agrawal worked on ad-related products.

He later began working on artificial intelligence. Parag Agrawal was selected as Twitter’s new CTO on 8 March 2018.

As CTO, his early work involved using artificial intelligence to make tweets appear more relevant in the Twitter timeline.

Parag Agrawal has become the new CEO of Twitter 10 years after joining the company.

In June 2006, Parag Agrawal began working as a researcher for various companies, such as Microsoft, and left the company in September 2006. He also worked as a research associate at Yahoo between June 2007 and September 2008. In 2011, he joined Twitter.

His initial role was software engineer. As a result of Adam Massinger’s resignation, Parag Agrawal was appointed the new chief technology officer of Twitter. He headed the BlueSky project in 2019.

Parag Agrawal was the Chief Technology Officer, responsible for overseeing the machine learning and artificial intelligence teams across the consumer, science, and revenue divisions. Jack Dorsey, the former CEO of Twitter, announced his resignation on 29 November 2021, and appointed Parag Agrawal as the new CEO.

Early Life and Family

Parag Agrawal was born to Indian Parent in India. The name of Parag Agrawal’s wife is Vineeta Agarwala. Parag Agrawal and Vineeta Agarwala also have a daughter, whose name is Anaamika Agrawal.

Parag Agrawal is of Indian descent. He was born in Mumbai, Maharashtra. His father worked for the Indian Department of Atomic Energy as a top officer and his mother is a retired school teacher. He is also known to have a sibling but none of his family members’ names is known.

He finished his formal education in Mumbai and then went to join the reputed Indian Institute of Technology (IIT), Bombay. He has always been a brilliant student and was very much inclined towards technology right from his young days. He later moved to America to pursue a Ph.D. in computer science from the famous Stanford University.

Wife

Parag is married to Vineeta Agarwala who is a whiz just like him. They have a daughter named Anaamika and are based in San Francisco, California.

According to her Twitter profile, Vineeta is a physician and works as an adjunct clinical professor at Stanford School of Medicine.

She also writes for venture capital company Andreessen Horowitz, which describes itself as a platform that connects entrepreneurs, investors, executives, engineers, academics, industry experts, and others in the technology ecosystem.

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

Child

Praga has a daughter with Vineeta named Anaamika Agrawal. There are no further details about Anaamika that are available online.

Achievements

Praga Agrawal has spearheaded efforts to scale Twitter Ads infrastructure and re-accelerate user growth by increasing home timeline relevance since joining Twitter in 2011. He worked on large-scale data management research with collaborators at Microsoft Research, Yahoo! Research, and AT&T Labs before joining Twitter.

Agrawal was described by Dorsey as inquisitive, perceptive, reasonable, creative, demanding, self-aware, and humble.

After Jack Dorsey announced his decision to stand down as CEO, Twitter’s stock soared about 5%. Since its IPO in 2016, the stock has more than doubled in value, but the last year has been difficult.

Who is Parag Agrawal?

Parag Agrawal is the chief executive officer of Twitter.

How old is Parag Agrawal?

Parag Argwal is 40 years old.

How much does Parag Agrawal make?

Roughly $1.5 million annually.