Elon Musk’s Twitter has been one of the topics that the internet world has been talking about for a while. to buy coming. Elon Musk prepares to have the only word in Twitter as part of massive $44 billion deal that radical changes a herald. One news shared by Reuters is that Elon Musk’s regulators are trying to cut costs to provide funding. that you convinced revealed. Elon Musk said in a statement that millions of dollars could be saved under a proposal for Twitter.

The developments are a clear indication that Elon Musk is complaining about the money made by Twitter executives. This even applies to Twitter employees. has caused fear† However, an investigation by Forbes found that Elon Musk was not quite right about the issues he was complaining about. Because a comparison with Twitter’s competitors shows that Twitter managers are more competitive than their competitors. make less money revealed. Let’s take a look at the money that the tech giants give to the executives.

Twitter paid its executives $630 million in 2021 alone

According to research by Forbes, Twitter was the last year for its executives. 630 million dollars expenses spent. About $30 million of that was given to CEO Parag Agrawal. Other executives earned an annual fee of $16 to $19 million. You might think that these amounts are quite high, but if we look at the situation with the competitors, we see that Twitter is talking about the money it spends on its executives.

How much did Twitter’s competitors pay their managers?

• Successful to surpass Twitter and Facebook in number of active users. snapspaid $3.3 million to CEO Evan Spiegel last year. While this fee has been like a giant ear compared to the money the Twitter CEO received, the total amount Snap paid to its executives was $1.09 billion. That’s almost twice as much as Twitter. Because Snap paid other executives about $10 million out of stock.
• Applications like Facebook, Instagram, WhatsApp meta has made a $27 million payment to CEO Mark Zuckerberg. That’s less than Twitter CEO Agrawal’s salary, but Meta paid other executives between $24 million and $29 million in stock, with a total of $9.16 billion in executive payments.
• Google’s parent company Alphabet On the other hand, it seems to be the internet giant with the most generous hands against its managers. The internet giant paid just $6.3 million to CEO Sundar Pichai and paid its other executives about $28 million in stock and bonuses, bringing the total payment to $10.89 billion.

Looking at the shared data, basically everything it is obvious We see. Although Twitter paid $30 million to its CEO, Parag Agrawal, the total amount paid to executives remained at the $630 million mark. At the time, he thought Meta and Alphabet had a greater diversity of services and asked Twitter to pay lower fees to its executives. we can understand† However, when we compare Snap’s payment to Twitter’s payment, we can safely say that Elon Musk’s complaints are unfounded.