Parag Agrawal: From CTO to CEO at Twitter with a Net Worth of $1.5 Million
Parag Agrawal: From CTO to CEO at Twitter with a Net Worth of $1.5 Million
Parag Agrawal, a prominent figure in the technology sector, has recently taken on the mantle of Twitter's CEO following the departure of Jack Dorsey. This transition comes with a notable net worth of $1.5 million, highlighting Agrawal's significant contributions to the tech industry.
Early Life and Education
Parag Agrawal, of Indian descent, was born in Mumbai, Maharashtra, in 1984. Little is known about his parents or siblings; however, he completed his education at the prestigious Indian Institute of Technology (IIT) Bombay. Agrawal has always demonstrated a keen interest in technology, a passion that led him to pursue a Ph.D. in computer science from Stanford University in the United States.
Professional Journey
After completing his education, Parag Agrawal worked for several companies, including Microsoft and Yahoo, where he held top designations. He joined Twitter in 2011, initially as a software engineer. In 2017, he was appointed as the Chief Technology Officer (CTO) and played a critical role in leading the project BlueSky. When Jack Dorsey announced his resignation as CEO in November 2021, Agrawal was appointed as his successor in the position of CEO.
Role as Chief Technology Officer
As CTO, Parag Agrawal was responsible for overseeing machine learning and artificial intelligence across various teams, including consumer science and revenue. His leadership and technological expertise were instrumental in shaping Twitter's growth and development.
Net Worth and Income Sources
Currently, Parag Agrawal has a net worth of $1.5 million. His primary source of income includes the CEO position at Twitter, along with bonuses and restricted stock units. Additionally, his previous roles at Microsoft, Yahoo, and ATT all contributed to his accumulated wealth. While details about his lifestyle are limited, he is known to reside in an extravagant house in San Francisco, USA.
Personal Life
Parag Agrawal maintains a low-key profile, but he is married to Vineeta Agrawal, a general partner at Andreesen Horowitz. Although the couple's meeting story is not widely known, they have a child together. Professionally, Agrawal has made significant public appearances, particularly in response to criticism about the content and direction of Twitter.
Conclusion
Parag Agrawal's appointment as Twitter's CEO marks a significant milestone in his career. His extensive experience in the tech sector and his focus on technological innovation have prepared him well for this new role. As an Indian-origin technology executive, Agrawal continues to make a name for himself in the global tech landscape, embodying both success and humility.