![]() "I think years later people will realize the true value of this tweet, like the Mona Lisa painting. Jack Patrick Dorsey (born November 19, 1976) is an American billionaire technology entrepreneur and philanthropist who is a co-founder and the CEO of Twitter, and the founder and CEO of Square, a financial payments company. ![]() Earlier this month, the first digital-only art auction was held by Christie's auction house and netted $69m for the artist Beeple. A screengrab from the bidding war for Jack Dorsey’s first tweet. ![]() Sign up for free newsletters and get more CNBC delivered to your inbox. The tweet … What are NFTs and why are some worth millions? "Just like people buy physical memorabilia, they will buy their tweets, posts, and snaps because they want to feel close to that star". But a person can't exchange one NFT for another as they would with dollars or other assets. LONDON - Twitter boss Jack Dorsey sold his first tweet as an NFT for just over US$2.9 million dollars on Monday. The buyer of Twitter's first ever tweet by its founder Jack Dorsey for $2.9m (£2.1m) sees it as a wise investment. "It's a piece of human history in the form of a digital asset. Estavi won the auction, though his bid was worth about $2.5 million it was placed. "This is a watershed moment and proof of concept for digital art, which has been dogged by questions of commercial value, authenticity, ownership and scarcity," said Rob Anders, boss of Israel-based digital art platform Niio. Twitter founder Jack Dorsey's first tweet sells for more than £2m "I think years later people will realise the true value of this tweet, like the Mona Lisa painting," claimed buyer Sina Estavi. Read about our approach to external linking. Each NFT is unique and acts as a collector's item that can't be duplicated, making them rare by design. The tweet was sent out by Dorsey himself. Twitter co-founder Jack Dorsey has listed his first ever tweet for sale, with bids reaching $2.5m (£1.8m). By March 9, the highest offer was from Sina Estavi, CEO of Bridge Oracle. At least 50 people are dead and scores more injured in the island's worst rail disaster in decades. Mr Estavi and Bridge Oracle didn't immediately respond to requests for comment when contacted by the BBC. Jack Dorsey’s First Tweet Sells for $2.9M Bidding has closed on the auction for the first tweet ever sent by CEO Jack Dorsey, with a winning bid of over $2.9 million. By Justin HarperBusiness reporter, BBC News. Jack Dorsey's first tweet in 2006 Twitter CEO and co-founder Jack Dorsey has sold his first ever tweet for $2.9 million. A self-proclaimed cricket-buff, the IITian (he graduated with a B.E degree with honours in metallurgical engineering from IIT-Kharagpur in 1993), who counts Sunil Gavaskar and Tendulkar among his favourite players, even dreamed of playing the game professionally while growing up.The tweet, which said "just setting up my twttr," was first published on Maand was auctioned off by Mr Dorsey for charity. Now hanging out with the God of cricket, decades ago a younger-Pichai used to idolise the legend. Whether it was his attire that Twitter-happy Indians related to as 'down-to-earth', or him quoting MS Dhoni in reply to Tendulkar's tweet - Pichai won hearts on the microblogging platform. But despite the turbulence, Pichai still remains among India's favourite techies - as was evident with the buzz he created when he recently hung out with Master Blaster Sachin Tendulkar at the India-England World Cup match. The Chennai-born CEO, often considered among the Valley's best bosses, even failed to make the top ten on Forbes reputable CEO list - where he had managed to shine in 2018. From Google being at the receiving end of flak and employee protests for its handling of sexual misconduct allegations, to the tech world's most-feared issue, privacy, haunting the company, the tech boss - who goes Sundar Pichai - has had his hands full. Pichai Sundararajan, who turns 47 today, has had a tough year.
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