Shulou(Shulou.com)11/24 Report--

On Thursday, Tesla CEO Elon Musk completed a $44 billion deal to buy Twitter, making many people very rich, with the most benefiting from $1 billion.

Institutional investors who own more than 2/3 of Twitter's shares got the biggest cake. Among them, Vanguard is Twitter's largest shareholder, with a 10.3% stake and about $4.5 billion. BlackRock made about $2.8 billion by holding more than 52 million Twitter shares. Morgan Stanley received $3.6 billion and State Street received nearly $2 billion.

In addition, many Twitter insiders and retail investors have also received dividends. Insiders own more than 20% of Twitter, while retail investors own the remaining 10%. Of course, not everyone makes money. In April, Twitter's share price was much higher than what Musk paid. But there are many opportunities to buy at a low price.

Here are the profits of Twitter's largest non-institutional shareholders and their plans for what to do with the income:

1. After Jack Dorsey (Jack Dorsey) closed the deal in Musk, the Twitter co-founder's shares were worth about $1 billion. But instead of insisting on holding or selling it to put the proceeds into Block, formerly known as Square, Mr Dorsey chose to transfer all of his shares back to Mr Musk's new private company and immediately became one of the largest shareholders.

Dorsey and Musk have always followed each other, and the former has publicly supported Musk's plan to buy Twitter several times, so the move is not entirely surprising, even though he is starting his own social media startup Bluesky.

two。 The former executive chairman of Twitter, a former board member before the merger, owns 934247 shares, making him the third-largest individual shareholder, according to the latest regulatory filing by Omid Omid Kordestani. After Musk's acquisition, Coldstani made a net profit of $50.6 million. He has not yet stated what he intends to do with the income.

3. Palag Agrawal (Parag Agrawal), the former chief executive of Twitter, could receive $38.7 million in severance pay. However, Mr Musk has said he does not intend to pay the money on the grounds that Mr Agravar was fired, which could spark a legal battle. However, Agrawal owns 128753 Twitter shares, which gives him nearly $7 million in income or can be used to fund his legal claims.

4. Vijaya Vijaya Gadde, the former general counsel for Twitter, is responsible for ensuring that Musk completes the deal. But after the deal was completed, he was escorted out of the Twitter building. Gard may receive $32.8 million in severance pay, but she faces the same problems as Agravar. Meanwhile, Guardian owns more than 605000 Twitter shares.

5. Ned Segal, the chief financial officer of Twitter, owns less than 394000 shares, which were worth $21.3 million when the Musk deal was completed.

6. Sarah Sarah Personette, Twitter's chief customer officer, was not fired, but she left the company the day after the deal closed. It was revealed that she had had a "great discussion" with Musk before. As one of the highest-ranking female Twitter executives, Pasonette has accumulated 143213 Twitter shares in four years, which could bring her $7.7 million in income.

7. David Rosenblatt (David Rosenblatt), a former Twitter board member and current CEO of online marketplace 1stdibs.com, owns 109827 Twitter shares. After Musk took over, his stake was worth nearly $6 million.

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