Name: Apple CEO Tim Cook is now a billionaire | AppleInsider
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Apple CEO Tim Cook is now a billionaire | AppleInsider

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&nbsp;&nbsp;&nbsp;AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content.Apple CEO Tim Cook's personal net worth has recently crossed the $1 billion mark, per a new report citing regulatory filings and market estimates. Apple has more than doubled its revenue and profits since Cook for in 2011. Apple's Share price is also up nearly 5% since the beginning of August, and the Cupertino company is on the verge of hitting a $2 trillion market valuation. Because of those gains, Cook is now also worth more than ever before. According to by Bloomberg, Cook's net worth recently eclipsed the $1 billion milestone. That's based on "an analysis of regulatory filings and applying the market performance of a typical wealthy investor to his proceeds from share sales." The majority of Cook's net worth comes from equity awards that he has received since joining Apple in 1998. Currently, Cook owns 847,969 shares of AAPL, worth about $375 million based on Monday's share price. Other compensation — such as proceeds from past share sales and dividends — bring in another $650 million, and the ninth payout from Cook's equity awards should add another $100 million to Cook's wealth. Cook's status as a billionaire CEO is rare, Bloomberg adds, because he did not found the company that he currently helms. In 2019, Cook in a listing of the highest paid U.S. chief executives, behind only Tesla CEO Elon Musk. Of course, Bloomberg acknowledges that Cook's net work could be "lower" if he has made undisclosed donations to charity. The Apple executive is well-known for his philanthropy, and in 2015, he to give away most of his wealth to charitable causes in a "systematic approach." In 2019, Cook around $5 million worth of stock to an undisclosed charity.Who cares? Not me. Congrats I guess. I will say, I do like that he is an openly gay CEO of one of the most successful companies on this planet, and it's nice to see that with that being said, he is a billionaire. While I know this could steer the topic into a different discussion, I do understand why he came out and I am happy he did (even though we all knew.)Probably the last CEO of a major tech company to become a billionaire further debunking the "greedy Apple" myth.Well, he's still isolated from reality of regular Americans hence, joining the fight to get H1-B Visas back in play. &nbsp;Can't get rich if your American workers are Americans after all.said:said:Probably the last CEO of a major tech company to become a billionaire further debunking the "greedy Apple" myth.Could be true - but he's also newer to the CEO game as well. &nbsp;Good for him though, most of us are just trying to keep/get employed to pay the bills.I mean how "new"? Like new-new or old-new.&nbsp; He's worked for Apple for decades and has been CEO for 9 years.said:Probably the last CEO of a major tech company to become a billionaire further debunking the "greedy Apple" myth.Non-greedy Tim Cook does not preclude "greedy Apple".Please enable JavaScript to comment&nbsp;An app called Diffusion Bee lets users run the Stable Diffusion machine learning model locally on their Apple Silicon Mac to create AI-generated art. Here's how to get started.Apple announced iCloud Shared Photo Library as part of iOS 16, but it appears that the feature won't arrive in the iOS 16 release on September 12.An SEC filing from Globalstar reveals that Apple plans to use 85% of its current and future network capacity for its services to iPhone 14 consumers, and pay for future satellite upgrades.Apple's iPhone 14 Pro and iPhone 14 Pro Max have arrived. Here's how they stack up versus the iPhone 13 Pro and Pro Max.Apple's iPhone 14 is aimed at about the same market that the iPhone SE targets. Here's how it compares to the third-generation iPhone SE.Apple reintroduced the Plus iPhone descriptor at its event on Wednesday with the introduction of the iPhone 14 Plus. Here's how it compares to the iPhone 14 Pro Max.Apple has launched its iPhone 14 range, but on the surface it's a tough compare to the iPhone 13. Here's what's different and if it's good enough for an upgrade.The Apple Watch Series 8 and Apple Watch Ultra are the company's newest wearable accessories, and these are the features that might tempt new buyers or Apple Watch Series 7 owners.&nbsp;Apple has shared a new video that explains how its new Crash Detection feature can detect serious car crashes and alert emergency responders automatically.An app called Diffusion Bee lets users run the Stable Diffusion machine learning model locally on their Apple Silicon Mac to create AI-generated art. Here's how to get started.Safari 16.0 has been released for Apple's ecosystem, with the latest version of the browser for iOS 16 now able to open AVIF images ahead of similar support in macOS Ventura and iPadOS.For 72 hours only, save $150 on Apple's upgraded MacBook Air M2 at Apple Authorized Reseller B&amp;H Photo. Plus, enjoy free expedited shipping in the contiguous U.S.Users who were trying to accept new App Store terms and conditions in the wake of the iOS 16 or iOS 15.7 updates were getting blocked by a recurring error.It's been a rocky road to the iOS 16 launch. Here are the high-profile features that didn't debut in the initial release of Apple's operating system.A future update to iOS 16 will make the iPhone even more environmentally friendly, with Clean Energy Charging prioritizing recharging at times when cleaner energy sources are available.In September 2017, Tim Cook said the iPhone X would "set the path for technology for the next decade." Halfway through that decade, it looks like Cook was right.An app called Diffusion Bee lets users run the Stable Diffusion machine learning model locally on their Apple Silicon Mac to create AI-generated art. Here's how to get started.Apple announced iCloud Shared Photo Library as part of iOS 16, but it appears that the feature won't arrive in the iOS 16 release on September 12.An SEC filing from Globalstar reveals that Apple plans to use 85% of its current and future network capacity for its services to iPhone 14 consumers, and pay for future satellite upgrades.It's been a rocky road to the iOS 16 launch. Here are the high-profile features that didn't debut in the initial release of Apple's operating system.Apple's annual update to its operating system brings new features and much-needed changes. Here are the stand-out features in iOS 16.Apple's "Far Out" event is on September 7. Beyond the new iPhone 14, here's what to expect from September's Apple event — and beyond.Apple's iOS 16 will make the iPhone more customizable than ever. This is the ultimate guide on how to make the iPhone a more personal device.The second-generation Razer Kishi is here for iPhone users with a new design, better buttons, and a companion app. How does it stack up to the Backbone One?Less an overhaul and more refining what's already in place, iOS 16 is all about personalization on top of a retained solid foundation.With the SwitchEasy four-in-one MagPower multi-charger, you can power up all your gear with a single device — including your Apple Watch with an Apple-certified puck.The Benks Grand Pro Headphone Stand for AirPods Max is a welcome upgrade over the original. However, it introduces complexity where there was none before — while also ignoring an obvious problem.Keep tabs on the air quality of your home — including potentially deadly radon levels — with the Airthings View Plus.Apple didn't make a Magic Keyboard for iPad mini 6, and Lululook's Magnetic Keyboard perhaps acts as a testament to why.{{ summary }}{{{ reviewStars.html }}}

&nbsp;&nbsp;&nbsp;AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content.Apple CEO Tim Cook's personal net worth has recently crossed the $1 billion mark, per a new report citing regulatory filings and market estimates. Apple has more than doubled its revenue and profits since Cook for in 2011. Apple's Share price is also up nearly 5% since the beginning of August, and the Cupertino company is on the verge of hitting a $2 trillion market...

Apple CEO Tim Cook is now a billionaire | AppleInsider

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