Business 2 min read

Apple CEO, Tim Cook Now A Billionaire

Apple CEO, Tim Cook Now A Billionaire
Apple CEO, Tim Cook Now A Billionaire

Tim Cook has has just the league of the world billionaires, Β other world CEOs ahead of him on the Bloomberg Billionaires’ list are likes of Amazon Founder and CEO Jeff Bezos ($187 billion), former Microsoft CEO Bill Gates ($121 billion) and Facebook CEO Mark Zuckerberg ($102 billion).

Apple CEO, Tim Cook has become a billionaire after the Cupertino based iPhone maker broke all previous records to become the world’s most valued company at over $1.84 trillion.According to Bloomberg Billionaires Index, the net worth of Cook has eclipsed $1-billion mark, officially making him a billionaire.Β BBC reported that:

Β “Cook owns 847,969 shares directly and took home more than $125 million last year as part of his pay package.”

 

The milestone comes 9-years after Tim Cook took over from Steve Jobs, who died in October 2011. Last week, Apple surpassed Saudi Arabia’s state-owned oil company Saudi Aramco to become the world’s most valuable company. The massive earnings helped Apple shares closed up 10.47 percent to become the world’s most valuable publicly-traded company, surpassing the largest oil producer in the world.

Apple is now closing in on the milestone of being the first company to be valued at $2 trillion. Back in 2018, Apple was also the first US Company to cross the $1trillion mark.

 

 

Olayemi Olatunji

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- Vast speaker, writer on Relationship & Marriage. - Law undergraduate - Financial & Capital Market Enthusiast

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