Twitter CEO Jack Dorsey Was Paid $1.40 In 2018

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Photo credit: The New York Times

Twitter CEO Jack Dorsey received a total salary of $1.40 in 2018, the social media company said Monday in a Securities and Exchange Commission filing.

Dorsey did not receive any other compensation or benefits from the company, according to the filing. He also allegedly declined all compensation and benefits in 2015, 2016 and 2017.

“As a testament to his commitment to and belief in Twitter’s long-term value creation potential, our CEO, Jack Dorsey, declined all compensation and benefits for 2015, 2016 and 2017, and in 2018 he declined all compensation and benefits other than a salary of $1.40,” a section of the filing reads.

Dorsey did, however, make about $80 million in 2018 from selling 1.7 million shares of Square, according to Forbes, a mobile payments company for which he is also CEO.

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