Home / Business and Economy / Apple CEO Tim Cook Amasses $2.5 Billion Fortune
Apple CEO Tim Cook Amasses $2.5 Billion Fortune
23 Apr
Summary
- Tim Cook has earned $2.5 billion during his tenure at Apple.
- Most of Cook's earnings came from stock awards and their growth.
- Apple reported paying Cook $74.3 million for the fiscal year.
Tim Cook has amassed a staggering $2.5 billion during his leadership at Apple, with the vast majority earned during his nearly 15 years at the helm. His compensation has predominantly come in the form of stock awards, the value of which has significantly appreciated between their initial grant and vesting.
For the most recent fiscal year ending in September, Apple reported Cook's earnings at $74.3 million. This figure included a $15 million salary and bonus, alongside stock awards valued at approximately $69 million within a year. As of early January, Cook held about 3.3 million Apple shares, valued at roughly $896 million.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
