Parag Agrawal Will Get More Than 325 Crores Rupees After Being Removed From Twitter Parag Agarwal will get more than 325 crores after getting fired from Twitter

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Parag Agrawal Earning From Twitter: Industrialist Elon Musk has become the new owner of Twitter. He fired four top executives, including Indian-origin CEO (Chief Executive Officer) Parag Agarwal and Chief Legal Officer Vijay Gadde, as soon as he took over the helm of social media company Twitter. According to media reports, Parag Agarwal will not leave Twitter empty-handed. A good amount of money is coming to their hands. As part of the deal, Parag will invest 100% of its unvested equity awards.

Musk will have to pay $42 million

According to research firm Equilar, this means he will earn an estimated $42 million (more than Rs 345 crore). According to Twitter’s proxy, Parag Agarwal’s total compensation in 2021 was $30.4 million, when he was chief technology officer. Agarwal’s salary as CEO was said to be $1 million (Rs 9 crore 24 lakh) per annum.

Parag Agarwal became the CEO in November last year

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Parag was appointed CEO of Twitter after the resignation of company co-founder Jack Dorsey in November last year. Agarwal, who studied from the Indian Institute of Technology (IIT), Bombay and Stanford University, started working at Twitter more than a decade ago. At that time the company had less than 1,000 employees.

There was a quarrel between Parag and Musk

According to the New York Times, “Agarwal, who was appointed CEO of Twitter last year, has had a public and private spat with Musk. Musk has called for ‘content moderation’ (the process of monitoring and curtailing online content). Gadde’s role in the case was also publicly criticized.

‘I don’t trust the management’

According to media reports, Parag Agarwal and Musk did not have a good relationship. Elon Musk accused Twitter’s top executives of misleading him and Twitter investors about the number of fake accounts on the social media platform. Musk said Thursday that he is buying Twitter to ‘try to help more humanity, which I love.’ “I don’t trust the management,” Musk said in an initial filing about the deal.

Also Read – Elon Musk’s Tweet After Firing Twitter CEO Parag Agarwal – ‘Azad Ho Gaya Pakshi’

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