Apple CEO Tim Cook receives $ 750 million payout

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Apple CEO Tim Cook has received more than $ 5 million deals in the technology while reviewing the work for a decade.

An organization that documents with the SEC’s watchdog shows that it sold most of the offers for more than $ 750 million.

This was part of an agreement he made when he took over from his predecessor Steve Jobs as Apple’s CEO.

This prestigious award was based on how well Apple stock performed compared to other companies on the S&P 500 stock record.

According to Apple’s filing with the SEC, Mr. Cook qualified for the award because the organization’s shares were up 191.83% over the past three years.

It also found that Apple’s offering costs have increased 1,200% since he became CEO on August 24, 2011.

The company behind the iPhone, iPad, Watch, and MacBook currently has a market valuation of nearly $ 2.5 trillion.

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Last year, Tim Cook agreed to another compensation package that will last until 2026.

SEC documentation also showed that Mr. Cook donated nearly $ 10 million worth of Apple stock to a good cause this week without naming the beneficiary.

He currently has total assets of around $ 1.5 billion, according to the Bloomberg Billionaire’s Index.

Mr. Cook has regularly spoken openly about his interests on issues such as HIV and AIDS, environmental change, shared freedoms and uniformity.

He follows other top US executives who have stated that during their lifetime they would part with all or part of their assets.

In 2010, Microsoft benefactor Bill Gates and venture veteran Warren Buffett sent out the Giving Pledge, which approached the tycoons to share about half of their fortune.

Recently, Buffett donated an additional $ 4.1 billion of shares to his Berkshire Hathaway organization for charity.


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