Tim Donald Cook, born on November 1, 1960, is the Chief Executive Officer (CEO) of one of the most valuable companies in the world, Apple Inc. Before becoming the CEO, Cook served as the Chief Operating Officer (COO) when Apple’s co-founder Steve Jobs was the CEO.
He joined Apple in March 1998 as a senior vice president of worldwide operations, later becoming executive vice president of worldwide sales and operations. Under his leadership, Apple’s revenue doubled, going from $348 billion in 2011 to $1.9 trillion in 2020. He is also on the board of directors of Nike, Inc. and the National Football Foundation.
In 1982, Tim Cook graduated from Auburn University with a Bachelor of Science degree in Industrial Engineering. Then he pursued a Master in Business Administration (MBA) degree from Duke University in 1988, where he was a Fuqua Scholar.
After graduating, Cook joined IBM, the largest industrial research organization in the world, and spent 12 years, ultimately becoming the director of North American fulfillment, where he led manufacturing and distribution functions for the organization’s Personal Computer Company in North and Latin America.
After leaving IBM, he joined Intelligent Electronics and served as the chief operating officer for the computer reseller segment. In 1997, he was appointed vice president of corporate materials at Compaq. Six months later, he left Compaq and joined Apple under Steve Jobs’s leadership.
As COO, Cook’s work included overseeing the company’s overall global sales and operations, including end-to-end supply chain management, sales activities, and service and support in all regions and nations. He also led Apple’s Macintosh division and was instrumental in the ongoing development of strategic reseller and supplier relationships, which ensured flexibility in response to an increasingly demanding marketplace.
In August 2011, when Jobs was ill, Tim Cook was named the CEO. Since then, under his leadership, Apple has flourished and is now the biggest company in the world by market capitalization.
Tim Cook’s Net Worth
As of 2024, Tim Cook’s net worth is $2.1 billion. He is a self-made billionaire and owns less than 1% of Apple with over 3 million shares, and over the years, he has sold shares for hundreds of millions of dollars. He is currently ranked 1647th on the Forbes list of billionaires.
Tim Cook’s salary is $3 million and he receives other forms of compensation from the company, including stock awards and bonuses.
Tim Cook’s Assets
Tim Cook has pledged to donate his wealth to charity. He owns a $2 million condo in Palo Alto, California, and has quite a collection of premium cars in his garage. Cook has also done philanthropic work, donating to charities such as the Human Rights Campaign, the Robert F. Kennedy Center for Justice and Human Rights, and the National Parks Foundation.
On February 3, 2024, Apple Inc. officially launched its Apple Vision Pro, an augmented reality (AR) headset device that will seemingly change the way people interact with technology. With its release, it is expected that the net worth of the CEO and Apple’s overall revenue will grow significantly.
The CEO of Apple is Tim Cook. Tim Cook’s net worth today is over $2.1 billion.
The salary of the Chief Executive Officer (CEO) of Apple, Tim Cook, is $3 million. However, it should be noted that his salary fluctuates on a yearly basis and is most likely based on the company’s overall performance.
The richest person in Apple, as of 2024, is its CEO, Tim Cook. With a net worth of over $2 billion, Cook is the 1647th richest person on the planet.