Apple CEO Tim Cook hits billionaire status - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Apple CEO Tim Cook hits billionaire status

His $1 billion-plus net worth reflects a mix of the money he's earned at Apple through his salary, the number of shares he holds in the company, and the estimated proceeds from his share sales, per Bloomberg.He was, signing onto the company in 1998 as SVP of worldwide operations, striking critical deals with manufacturers to help Apple become a hardware powerhouse.

Cook currently holds 847,969 Apple shares, which at the current stock price are worth more than $380 million. In 2019, Cook's compensation package included a $3 million base salary and around $7.6 million in incentive pay, making him one of the highest-paid CEOs in the US. An SEC filing from January indicates he sold off 6,880 Apple shares at the end of December, which would have netted him around $2 million.The three wealthiest people in the world are all tech founders: Amazon boss Jeff Bezos, with a net worth of $186 billion; Microsoft founder Bill Gates at $121 billion; and Facebook founder-CEO Mark Zuckerberg, who has a net worth just shy of $100 billion.

Other notable execs-turned-CEOs of major tech companies are Microsoft CEO Satya Nadella and Google CEO Sundar Pichai, neither of whom appear onGet a daily round up of our most popular tech stories. Sign up for our Tech newsletter.By clicking ‘Sign up’, you agree to receive marketing emails from Business Insider as well as other partner offers and accept our

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Congrats Tim! Meanwhile the number of homeless camped out in front of Apple HQ in Cupertino keep growing, 40 million Americans unemployed, most still waiting on checks from last month and can not afford to buy their families dinner tonight.

This is news?

now fruits are banned

Not hard to do when you sell attachments for attachments for the attachments of the attachments.

Yay for billionaires

so?

Coz today i bought a iphone 11 pro🤣

Zıkkım olsun 🤓

Deserved.

I've seen it. I vote yes. I don't care what nobody says.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

If you're unemployed, Business Insider wants to hear from you - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Thank god, it’s only for US
Source: BusinessInsider - 🏆 729. / 51 Read more »

McDonald's sues ex-CEO Steve Easterbrook over a $57 million severance - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. He was such a good CEO, too bad he had issues...
Source: BusinessInsider - 🏆 729. / 51 Read more »

McDonald's lawsuit against its ex-CEO is filled with bizarre details - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Trump's WeChat ban in US could hurt Apple's iPhone sales, analyst says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. chenweihua 经济全球化早已经是你中有我,我中有你,禁用微信对苹果手机的损失也是不可估量的!
Source: BusinessInsider - 🏆 729. / 51 Read more »

After Bird loses Paris, scooter insiders predict consolidation - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Try bidding in India 🇮🇳 What's unique about this market is that the marketing is wholly reliant on the physical world. They need to just sell to Uber at this point.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Small business confidence rebounds from all-time low, but Main Street still has a long way to goSmall business confidence rose from an all-time low hit during coronavirus lockdowns, but on Main Street, the revenue, hiring and general business outlook remains mixed: CNBC|SurveyMonkey Q3 Small Business Survey. Just looking at history and I do that everyday. Feels like the summer of 1929. Hang on. We haven't seen nothing yet. They never learn at the top on Wall Street nor the Republican Party. I'm looking for Hooverilles nation wide by the end of the month. It's like a yoyo near its end, When are you CNBC Pandemic Propaganda Puppets going to start reporting on Covid w Full Transparency w Full Context? The market has already figured out what Dr Atlas, Dr Samadi& Alex Berenson already know. Protect Vulnerable. 0-70 & healthy not high risk disease. Wake Up Puppets!
Source: CNBC - 🏆 12. / 72 Read more »