Tim Cook Net Worth
Tim Cook Net Worth $500 Million
Born on November 1, 1960, Timothy Donald Cook is best known for his role as CEO of Apple. Before he was hired as CEO, he worked as the senior vice president of World Wide Operations. Tim Cook originally began working for Apple in 1996. By 2011, he was handpicked by Steve Jobs as a replacement. At the time, Jobs had to take a leave of absence for medical reasons. In August of 2011, Tim Cook took over as CEO permanently.
As payment for leading Apple, Tim Cook received one million shares of the company that would be vested in 2016 and 2021. Due to this compensation, he is officially the highest paid chief executive officer in the world. In a single year, Tim Cook earns roughly $378 million. Altogether, he has only accumulated a net worth of $500 million. This is due to the fact that much of his compensation can only be paid off until a future date. In the last few years, he also was brought onto Nike's board of directors and at one point served as the vice-president for Compaq Computers. Although Steve Jobs was the world-recognized face of Apple, Tim Cook is quickly becoming a worthy replacement.
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