At least that’s a few hundred million less than Thursday’s downward spiral. As of Friday afternoon, Dorsey’s net worth had fallen even further, to just $4.1 billion, according to Forbes. The net worth of Jack Dorsey in 2023 is around 5 billion. Now Hindenburg seems to be creating a massive headache for Dorsey, and the firm’s report suggested that other investigations into Block’s practices are ongoing. Jack Dorsey’s Net Worth and Philanthropy. Krishnan had a brief stint at the micro-blogging site from2017-19 and now returns to align the micro-blogging site with Musk’s vision. Agrawal’s net worth has been increasing for the past 5 years from 0.5 million to 1.5 million. Sriram Krishnan Twitter New CEO: Chief Twit Elon Musk has recruited Indian-American engineer Sriram Krishnan to transform Twitter’s look and feel. worth 34.8 million based on the final sale price of 54. Sun Valley Media Conference in Sun Valley, Idaho, U.S., July 6, 2022. But after this promotion, he will receive 1 Million annually. Parag Agrawal, CEO of Twitter, attends the annual Allen and Co.

38 years old had a salary of 250,000 (i,e. And in September 2020, the research firm targeted the EV company Nikola, leading to a fraud conviction against its founder, Trevor Milton, this past October. Former Technology Executive and New CEO of Twitter Parag Agrawal has a net worth of 1.52 million (i.e.

21 on Bloomberg’s wealth ranking, with $60.1 billion. Once the second-richest person in the world, he now sits at No. Earlier this year, an investigation into the Indian industrialist Gautam Adani resulted in him losing tens of billions of dollars. 100 million from Google to deter him from accepting a top position at Twitter. PeopleAI estimates Parag Agrawal net worth is around 1.6 million as of 2023. Neal Mohan, the Indian-American Executive, is now the fourth and current CEO of YouTube.

Block denied the allegations and said in a statement, “We intend to work with the SEC and explore legal action against Hindenburg Research for the factually inaccurate and misleading report they shared about our Cash App business today.” The report led Block stock to fall as much as 22 percent on Thursday, ending the day down 15 percent.Īccording to Bloomberg, this isn’t the first time a Hindenburg report has led to billionaires losing large chunks of their immense fortunes. Parag Agrawal was named Twitter CEO on November 29, 2021. Among other findings, Hindenburg said that Block had inflated user counts and engaged in predatory practices that allowed it to avoid regulation and mislead investors. The massive drop in Dorsey’s net worth came after Hindenburg Research released a report detailing fraud at Block that helped Dorsey and his co-founder acquire billions of dollars.

Twitter ceo net worth