Go Through the Net Worth of World’s One of The Richest CEO, Tim Cook
Tim Donald Cook is an American Business Executive. He is known for being the CEO of Apple.Inc. Previously, Cook served as a Chief Operating Officer under Steve Jobs. According to Forbes, Tim Cook is among the 2000 wealthiest people in the world. It’s hard to imagine what to do with that money, but Cook knows how to make the most of it. Meanwhile, this article will give you details about the surprising net worth of Tim Cook and how Cook spends his millions.
While Tim Cook became a billionaire three years ago, in 2020, he is now a towering net worth owner. As of 2023, his net worth is $1.8 Billion (INR 14,000 Crores). Meanwhile, he received a pay cut of $49 Million in FY2022. Moreover, when Tim took over Apple as its senior vice president, his salary was US $500,000 a year. His salary was raised to US $900,000 within a year after he was appointed the CEO of Apple. Additionally, he owns more than 3 Million shares of Apple which is less than a 1 percent stake.
Name | Tim Donald Cook |
Net Worth (2023) | $1.8 Billion |
Net Worth In Indian Rupees | 14,000 Crores INR |
Profession | American Business Executive |
Monthly Income And Salary | $4 Million |
Yearly Income | $48 Million |
What would you do when you would be among the richest people in the world? Tim Cook’s net worth is roughly billions. Besides, he earned the bulk of his fortune as a CEO and former Chief Operating Officer of Apple.
Besides, Tim’s investment portfolio is certainly significant, but he also puts his money into buying real estate, including two sprawling estates. Tim Cook resides in a modestly subtle 2,400-square-foot luxurious house in Palo Alto, California. Meanwhile, Cook bought the house in 2010 after he was appointed Apple’s CEO. He spent US $1.9 million on the house. Additionally, he also owns a 10,000-square-foot exquisite property at the Madison Club, Club. Moreover, he bought the property in 2018 for US $10.1 million.
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Tim Cook, who is one of the most successful CEOs in the world, is expected to have a lavish collection of cars. Although Cook has only two cars in his garage, BMW 5-Series ($56,000) and Porsche Boxster ($40,000).
I’m proud to be gay, and I consider being gay among the greatest gifts God has given me” said Cook as he came out for the first time as a gay in Bloomberg Business Editorial. Tim revealed his sexual orientation in 2014 and before that, his sexual orientation was widely rumoured by netizens. In coming out, Tim became the first CEO of a Fortune 500 company to come out as gay. Meanwhile, he also revealed that he took his decision to help young LGBTQ+ people.
Moreover, in the editorial, he explained how his privacy was important and still came out for being a small help to LGBTQ+ people. Later, his decision was praised by millions and he became an exemplar to the LGBTQ+ community. An inspiration, Tim galvanises the need to embrace it in ways that feel safe and appropriate for you. Developmental, Isn’t it?
Born on November 1, 1960 (age 63 years; as of 2023), Tim was born to a shipyard worker, Donald, and a mother, Geraldine. Tim did his schooling at Robertsdale High School, in Alabama. After pursuing his A-levels, he attended Auburn University and pursued a Bachelor of Science degree with a major in industrial engineering. Additionally, he pursued a Master of Business Administration at Duke University.
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As of 2023, his net worth is $1.8 Billion (INR 14,000 Crores). Meanwhile, he received a pay cut of $49 Million in FY2022.
In 1998, Tim Cook joined the American Multitechnology company, Apple. Besides, he initially joined the leading organisation as its Senior Vice Operations for lead operations. Subsequently, in January 2007, Steve handled the position of lead operations. In 2011, he became the CEO of Apple.
Steve Jobs resigned from the position of CEO at Apple to become the chairman of the company. Meanwhile, at the same time, Cook became the CEO of Apple.
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