Tim Cook paid $750m bonus after presiding over soaring Apple share price
August marks the 10th anniversary of Mr Cook’s promotion to the role of chief executive. Apple gave him 5 million shares to say thank you
Last year, the CEO was paid a bonus of $282.8m,. he’s a rare example of a tech billionaire who has reached that status as an employee, without founding a corporation of his own.Jamie Dimon, the chief executive of JP Morgan Chase, and Sheryl Sandberg, Facebook’s chief operating officer, have both also achieved an equivalent distinction.In 2015, Mr Cook pledged to offer away his entire fortune before he dies, joining the likes of Warren Buffet and Gates who have made similar commitments.Mr Cook told Fortune magazine that he would fund his nephew’s education before donating his wealth to charity.
Two causes that are on the brink of his heart are HIV/AIDS prevention and treatment, also asclimate change, he said – telling the magazine he had already began to quietly donate.”You want to be the pebble within the pond that makes the ripples for change,” he said at the time.