Apple CEO Tim Cook hits billionaire status - Business Insider

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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

 

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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.

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