Currently serving as both a member of the board of directors and as Apple Inc.’s Chief Executive Officer (CEO), Tim Cook is a well-known worldwide brand for smartphones. This article discusses Tim Cook’s outstanding net worth, his income, his road to become Apple’s CEO, and his educational history.
Tim Cook: The CEO
In August 2011, Tim Cook became Apple’s CEO, taking over from the late Steve Jobs. He has now taken the organisation to new heights, serving as its leader. Prior to taking on the position of CEO, Cook was Apple’s Chief Operating Officer (COO), where he was in charge of managing the company’s supply chain, sales operations, and global service and support.
Tim Cook’s Salary
The CEO of Apple, Tim Cook, earns an impressive income every day. Open-source data indicates that he makes more than one crore rupees a day, with a total compensation package of $98.7 million in 2021. In 2022, Cook’s remuneration totaled $99.4 million, according to information released by Apple in an exchange filing. This amount included a $3 million base salary, almost $83 million in stock awards, and a bonus.
Tim Cook: Net Worth
As per Forbes, Tim Cook possesses about three million Apple shares, which amounts to less than one percent of the company’s total ownership. He has sold shares for millions of dollars over the years. Tim Cook is ranked 1,565th on the Forbes List of Billionaires and 1,647th on the list of the richest persons in the world, according to Forbes, which values his net worth at $1.9 billion.
Tim Cook: Educational Qualifications
Tim Cook’s success has been aided by his remarkable educational background. As per the official website of Apple, he graduated as a Fuqua Scholar with an MBA from Duke University. He also graduated from Auburn University with a Bachelor of Science in Industrial Engineering. Tim Cook worked at IBM for 12 years before joining Apple. He held a number of positions there, including director of North American Fulfilment, where he was in charge of the company’s production and distribution operations. He also held positions as vice president of Corporate Materials at Compaq, where he oversaw purchasing and inventory control, and chief operating officer of Intelligent Electronics’ Reseller Division.
Beyond overseeing sales, Tim Cook’s efforts at Apple included leading the Macintosh business and cultivating strategic alliances with suppliers and resellers to provide flexibility in the face of a quickly changing market. Cook’s varied experience and capable leadership have been crucial to Apple’s ongoing success.