Tuesday, August 9, 2022

Salary of world’s leading social network Twitter CEO in 2018


Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com

Jack Dorsey, chief executive of Twitter, received a salary of only $ 1.40 in 2018 for managing the social network, according to a report released late Monday. He also rejected all other compensation and benefits this year.

“As evidence of his commitment to and belief in the possibility of creating a long-term value in Twitter, our Chief Executive Jack Dorsey has rejected all compensation and benefits for 2015 and 2016,” the report said.

2017, and in 2018, Dorsey rejected all compensation and benefits other than the salary of 1.40 dollars. ”

According to the 2017 filing, the founder of Twitter owns more than 16 million shares on Twitter, worth $ 557 million at Tuesday’s share price.

He also earns his second job as CEO of Payment Square, and in 2018 sold stocks Square with a total value of $ 80 million, according to a magazine Forbes.

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