Jack Dorsey to take home nearly $1 bn once Elon Musk's Twitter deal closes
Shortpedia
Content Team
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Jack Dorsey is set to take home a hefty amount of $978 million in cash once the Elon Musk's Twitter takeover deal gets through. Dorsey holds 2.4 per cent or a little over 18 million shares in the company and after once the $44 billion deal is closed, his Twitter shocks will be converted into cash, reports The Warp. With Musk's offer to buy each Twitter share for $54.20, Dorsey would receive a $978 million in cash.
