Why does the co-founder of Twitter ask for only $ 1.40?



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When he founded Twitter 10 years ago, Dorsey decided not to earn a salary to show his confidence in the success of the company. Of course, it derives income from the profits of the company, which has more than 300 million users and whose turnover is close to one billion dollars thanks to advertising.

Now Dorsey received his first installment for $ 1.40. The curiosity is that the number refers to the original limit of the number of characters allowed by the social network: 140.

In any case, he holds 2.3% of the shares of the company. In 2016, it sold one-third of its stake in the company's employees (worth nearly 250 million US dollars), according to the BBC website.

He also charges $ 2.75 a year in salary in the electronic payment company. Square, of which he is also co-founder and executive director. In this case, the amount is the commission charged by the company for each transaction.

Dorsey owns nearly 60 million Square shares, whose value has risen from 9 USD in 2015 to over 75 USD.

Dorsey is not the only billionaire to have virtually no salary income. Others are Mark Zuckerberg (Facebook) and Larry Page (Google), who receive only the symbolic sum of u $ s 1.

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