What Happened To The Twitter CEO And Why Did He Step Down? Here’s All We Know

What Happened To The Twitter CEO And Why Did He Step Down? Here’s All We Know

Twitter CEO Jack Dorsey is expected to step down as an executive of the social networking site. Here is everything to know about his girlfriend and net worth. 

According to CNBC’s David Faber, Jack Dorsey will step down as the CEO of Twitter very soon. The news is confirmed by the sources close to the Twitter CEO as he is expected to make exit in near future.

However, it is still unsure when he will announce his exit. But people close to him are quite positive that Dorsey will no longer serve as the CEO of Twitter.

We are still awaiting more details.

Why Is Jack Dorsey stepping down from Twitter?

Jack Dorsey is expected to leave Twitter in near future, according to CNBC, while the reason behind it is still unclear.

The news is confirmed by close sources and it is yet to be official. So, we don’t yet know the reason behind his decision to step down from the social media company.

Serving as the CEO since 2015, Dorsey has made remarkable changes in the site. Most of his changes in features were highly appreciated by people as well.

It is not sure who is going to replace him as the CEO after he steps down.

We will update you more about this soon.

Jack Dorsey Girlfriend: Who Is He Dating Now?

Jack Dorsey is not dating anyone publicly at the moment.

Moreover, the businessman has had on and off relationships over the past years. He does prefer to keep his personal life out of the spotlight.

Speaking of his family, the 45-year-old was born to Tim and Marcia Dorsey. His father worked fora company that made spectrometers. The businessman was passionate about software ever since he was a child.

Jack Dorsey Net Worth 2021

Jack Dorsey has a net worth of around $11.8 billion as of 2021, according to Forbes.

He has been serving as the CEO of Twitter since 2015. Besides, he is also the chief executive officer of a payment-based platform, Square Inc.

Also, Dorsey spends a significant amount of his money on donations and charities as well. He has donated a huge sum of money in sectors like education and research.

Who Will Replace Jack Dorsey As The CEO Of Twitter

The Chief Technology Officer Of Twitter, Mr. Parag Agrawal, who is with the company for more than a decade is set to replace Jack as the CEO.

Jack was the co-founder of Twitter in 2006, and after his decision to step down, Parag is set to assume his duties as the leader of the world’s most popular social media platform.