‘In a first, APPLE CEO TIM COOK becomes billionaire’
Timothy Donald Cook is an American business executive, philanthropist, and industrial engineer. Cook is the Chief Executive Officer of Apple Inc. and previously has served as the Company Chief Operating Officer under its Co-Founder Steve Jobs.
He was born on 1st November in Alabama, United States. His height is 1.83 meters and he’s American by nationality. He has completed his education in the Fuqua School of Business (1988), Auburn University (1982), Robertsdale High School (1978).
Apple CEO Tim Cook is the first person to become a billionaire as the Cupertino based iPhone maker broke all the previous records and is now the world’s most valued company at over $ 1.84 trillion. BBC reports, “He owns 847,969 shares directly and took home more than $125 million last year as part of his package.”
The net worth of Cook has crossed the $ 1 billion record, officially making him a billionaire. Henceforth, he has a much longer way to go ahead to catch up with other CEOs on the Bloomberg billionaire list, like Amazon founder and CEO Jeff Bezos., etc. Apple is now closing in on the milestone of being the first company to be valued at $ 2 trillion. Timothy Donald Cook also said a few words on this “The sidelines are not where you want to live your life. The world needs you in the arena.”
When Cook was 59, in 2015, he said that he plans to give most of his fortune away and has already gifted millions of dollars worth of Apple shares. He also added that his wealth could be lower if he’s made other undisclosed charitable gifts. Hussein Kanji, a partner at Venture Capital firm Hoxton Ventures added to this by saying “This tech cycle has been way bigger and longer than I thought.”
Cook’s height is also reflecting the rise of the FAANG Stocks, which did not even exist in the Jobs era. Cook’s path has been much more incremental all this while. At last, Cook added that “We do not have a zero-sum approach to prosperity, especially in times like this, we are focused on growing the pie, making sure our success isn’t just our success.”