Jack Dorsey

Photo Credit: Time

With his salary, Twitter CEO Jack Dorsey can’t even buy a cup of Starbucks coffee

Twitter CEO Jack Dorsey took only $1.40(a little over ₹107) as base salary for 2019, which is flat from 2018 – no increment or extra remuneration – as the billionaire begins donating $1 billion from his own pocket towards global COVID-19 relief.

In an SEC filing on Wednesday, the micro-blogging platform said its CEO earned $1.40 in 2019, flat from the year before but up from zero in 2017.

“At his own recommendation to the compensation committee and consistent with his compensation in 2018, Mr. Dorsey elected to forgo any compensation for 2019 other than a base salary of $1.40,” Twitter said in an SEC filing.

Source: Livemint