We can think what we want work of Tim Cook at the head of Apple since he took the helm nine years ago, but there is at least one thing impossible to take away: the successor of Steve Jobs has taken the company to Himalayan heights on Wall Street! The stock market rally continues for AAPL, whose capitalization is inexorably approaching the dingo threshold of $ 2 trillion. In 2011, it was around 350 billion …
This vigorous growth in Apple stock values the heritage held by Tim Cook above one billion dollars. In other words, the big boss is now part of the billionaire club, according to the calculations of Bloomberg (read: Tim Cook’s total compensation for 2019 is $ 133 million).
Most of his fortune, he holds titles subject to restriction granted to him by the board of directors of Apple. Actions that he can only exercise after a certain time, and that he receives according to financial criteria. He will also get a new package of 560,000 at the end of the month. Currently, Tim Cook owns 847,969 AAPL securities, which represents 0.02% of the volume of shares outstanding (or another $ 382 million). Between previous sales of shares, dividends and other compensation offered by Apple, its heritage has been enriched by an additional $ 650 million.
Tim Cook is, however, very, very far from his peers in the small world of tech. The top of the basket is dominated by Jeff Bezos (187 billion), Bill Gates (121 billion), Mark Zuckerberg (102 billion), Elon Musk (68.7 billion). What will he do with this mountain of greenbacks? In 2015, he announced his intention to donate most of his income to charities. He has already distributed AAPL shares worth a million dollars.
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